WTW snags Sompo exec as North America hospitality leader

Global broker  WTW has tapped a senior executive from Sompo International to drive strategic growth of its hospitality industry segment across North America.

Juan Mascaro joins WTW as hospitality segment leader, a part of the real estate, hospitality, and leisure division within Corporate Risk and Broking (CRB), North America.

Mascaro will be responsible for the strategic growth of WTW's hospitality industry segment across North America focusing on providing innovative products and service to clients. Additionally, he will also focus on delivering customised risk and analytics solutions throughout the region using data and insights to bring perspective to the particular risks affecting hospitality companies. He will report directly to Jim Martuscelli, head of real estate, hospitality, and leisure division.

Mascaro has more than two decades of insurance industry experience, spanning underwriting, marketing, and client service roles, as well as multi-line insurance programmes. WTW said he has a depth of expertise in understanding the unique risks and challenges in this industry.

At Sompo International, Mascaro oversaw the expansion of the real estate and hospitality segments in the US, Mexico and across Latin America, while also spearheading multinational business development efforts in North America. Prior to that, he worked at Chubb, where he led the hospitality practice over many years.

Michael Chang, head of CRB North America, WTW, said: “Juan brings a strong background in understanding the unique risks impacting the Hospitality industry segment. His experience in delivering risk strategy, analytics, and multi-line insurance solutions to clients demonstrates his unique ability to tailor specific programmes to the particular needs of client exposures. I am delighted to welcome Juan to the team.”

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