Sompo International, a number one supplier of property and casualty (re)insurance coverage via its working subsidiaries, has introduced the appointment of Nicholas Walsh to its board of administrators.
“We are more than happy to welcome Nicholas Walsh to the board,” stated James Shea, government chairman of the board of administrators and CEO of Sompo International. “Nic is a revered chief with over 50 years’ expertise in insurance coverage. His experience and steering might be invaluable to Sompo International as we develop and develop our enterprise whereas main with our core values and placing our clients and buying and selling companions on the heart of every part we do.”
Walsh spent nearly all of his storied profession with AIG, holding numerous management positions all through his 42-year tenure. Prior to his retirement in 2014, he was the vice chairman of AIG Property and Casualty. He additionally served as government vp of AIG, CEO of AIG’s worldwide normal insurance coverage enterprise, and chair of a number of AIG regional firms.
Outside of his work with AIG, Walsh has lengthy been a part of numerous inner boards and worldwide societies. In 2020, he was appointed impartial director of McGill and Partners and McGill Global Solutions. Between 2014 and 2019, he was an impartial director of the London-based insurance coverage dealer Jardine Lloyd Thompson, the place he was a director of its US subsidiaries and a member of the remuneration, compensation and nomination committees, and the audit and threat committees.
“It is a really thrilling time for Sompo International,” stated Walsh. “Its power, dynamic and market presence reveal that the corporate is prospering. I’m honored to be a part of Sompo International’s ongoing growth and sustainable progress story.”