Bondaval, a provider of technology-enabled credit insurance solutions, has appointed Ewa Rose as the Group’s Chief Underwriting Officer (CUO), based out of London, effective February, 2024.
Rose’s remit in the new role will include leveraging her extensive background across insurance and reinsurance to enhance Bondaval’s market presence, driving the expansion of the company’s underwriting capabilities, while actively pursuing a broader spectrum of high-quality client solutions.
She will also be integral in shaping the firm’s evolving strategy as the company gears up for a planned expansion across Europe and the Americas.
Tom Powell, Chief Executive Officer, Bondaval commented on the appointment: “It’s a pleasure to welcome Ewa to Bondaval. Her expertise and track record of launching successful underwriting platforms globally will contribute to achieving our growth objectives and help to lead Bondaval’s continuing development.”
Rose is a veteran executive of the trade credit insurance industry, with more than three decades of expertise in trade credit, spanning broking and underwriting, coupled with her experience as a reinsurance purchaser.
Bondaval represents the third underwriting division Rose has been involved with at an early stage, having previously set up and headed the trade credit business at ACE (now Chubb), before launching the trade credit, political risk and surety division at Markel.
While at Markel, Rose led the operation from its inception to a multinational unit operating across London, Singapore, Dubai, New York and Chicago.
Most recently, Rose was the Managing Director at Aon Credit and Financial Risks Reinsurance Solutions, where she was responsible for strategic accounts, the team’s growth strategy, reinsurer relationships, and placement of cutting-edge products, including capital solutions business.
Rose commented: “Bondaval is bringing an exciting new approach to the market, both in terms of the features of the product and its technology-driven means of delivery. We are well-placed not just to capture demand from existing buyers, but to bring new capacity to the market with the support of our partners across broking, insurance and reinsurance.
“Brokers have long been drivers of innovation in the credit insurance market, and we look forward to working with them to develop new applications for Bondaval’s products. I have been inspired by Bondaval’s values and culture which were a key contributor to my decision to join the business. I’m looking forward to getting to know the team and contributing to its continuing success.”
