Trade veteran joins Sompo Worldwide's board of administrators

Industry veteran joins Sompo International's board of directors

Sompo Worldwide, 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're more than happy to welcome Nicholas Walsh to the board,” stated James Shea, government chairman of the board of administrators and CEO of Sompo Worldwide. “Nic is a revered chief with over 50 years’ expertise in insurance coverage. His experience and steering will likely be invaluable to Sompo Worldwide as we increase and develop our enterprise whereas main with our core values and placing our prospects and buying and selling companions on the heart of all the things we do.”

Walsh spent nearly all of his storied profession with AIG, holding varied management positions all through his 42-year tenure. Previous to his retirement in 2014, he was the vice chairman of AIG Property and Casualty. He additionally served as government vice chairman of AIG, CEO of AIG’s worldwide common insurance coverage enterprise, and chair of a number of AIG regional corporations.

Exterior of his work with AIG, Walsh has lengthy been a part of varied inner boards and worldwide societies. In 2020, he was appointed impartial director of McGill and Companions and McGill International Options. 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's a very thrilling time for Sompo Worldwide,” stated Walsh. “Its energy, dynamic and market presence show that the corporate is prospering. I’m honored to be a part of Sompo Worldwide’s ongoing growth and sustainable progress story.”

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