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1 March 2024 Insurance

WTW snares senior Sompo executives to expand MGU leadership

Global broker WTW has made two senior strategic hires from Sompo International to bolster its new managing general underwriting (MGU) company Verita.

WTW launched Verita in October last year with capacity backing from Markel. It is led by Edward Chiang, who was previously GRS chief actuary and finance officer at Sompo International, as CEO.

Victor Sordillo and Glen O’Connor have joined the organisation to head up its risk advisory services. Sordillo will be serving as director of risk advisory services, with O’Connor serving as deputy director of risk advisory services.

Sordillo brings more than 40 years of industry experience, providing risk engineering services to residential, commercial, and industrial accounts. He has held multiple global leadership positions and joins Verita from Sompo International where he worked for the last seven years as executive vice president. He also serves on the board of directors of Tevogen Bio Holdings, and NJ Manufacturing Extension Program. 

O’Connor also joins from Sompo International where he worked for more than seven years within Global Risk Solutions. He brings more than 20 years of experience in Risk Control to his new position at Verita. Throughout his career, O’Connor has primarily serviced large accounts, and has a tremendous understanding of recognizing organizational loss exposures and providing client specific risk mitigation solutions. Glen graduated from Stonybrook University with a bachelor’s degree in economics. His professional certifications include ASP, ARM, OSHA 30-Hour Construction, and most recently, he was certified by MOAB in de-escalation best practices due to violent crime activity trends. O’Connor has deep industry experience in Real Estate, Hospitality and Retail.

Sordillo said: “I am honoured to join the Verita team of high performing professionals dedicated to bringing innovation to the insurance industry. Together we will provide greater service and improve efficiencies of our industry. At Verita, we are creating the future of risk identification while customizing solutions to mitigate losses. This involves harnessing advanced technology overlapped with human behaviour analysis and the environment to protect people and property.”

O’Connor added: “I am truly excited to be working with Verita. The collaborative and innovative working environment pushes me to utilize my expertise to create “next generation” safety resources and services to provide value-add to our clients, while also contributing to the team’s success.”

Chiang, president and CEO, Verita, commented: “Risk Advisory Services is of critical importance to our insureds and is a crucial component of Verita’s specialized insurance solutions.  The addition of Vic Sordillo and Glen O'Connor is one of many important steps that underpins Verita’s commitment to building industry-leading Risk Advisory Services.”

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