24 May 2016 Insurance

Sompo Canopius hires Aspen exec as global head of specialty

Re/insurance firm Sompo Canopius has appointed Bernie de Haldevang as global head of specialty.

De Haldevang will be responsible for developing the group’s political risks lines and reinvigorating its accident & health and casualty lines, as it looks to diversify its book with more non catastrophe related business.

He has more than three decades of experience in the insurance industry, focusing on credit & political risk, war, terrorism & political violence and kidnap for ransom. Most recently, he spent more than eight years at Aspen where he was head of financial & professional lines, a member of the insurance executive committee and sat on the Lloyd’s political risk business panel.

Mike Duffy, group chief underwriting officer, said: “We are enjoying a renewed sense of purpose for Sompo Canopius, despite the worst market we've seen in 20 years. We’d like to be known for doing the products that we write in a more meaningful and less passive way; so we've simplified our business to give us space to breathe and focus more on what's happening in our markets.

“We're also hiring the smartest people possible to add to those already here. Bernie ticks every box and we look forward to welcoming him to the team.”

De Haldevang added: “Mike Duffy and chief executive officer Stuart Davies presented me with some compelling reasons why I should join Sompo Canopius. I found their down to earth, fundamental reassessment of the business refreshing, infectious and inspiring.

“The aspirations for the group are exciting and I will be part of, and leading, a great team of highly talented people. I’m looking forward to what we can achieve together.”

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