Bermuda-based, global specialty provider of property and casualty insurance and reinsurance, Sompo International Holdings, Ltd., has announced the hiring of Paul Shedden from AXA XL as Head of Portfolio Design, Pricing and Analytics for Global Insurance.
In his new role, Shedden will be based in London and will report to Chris Gallagher, Chief Executive Officer (CEO), Sompo International Commercial P&C. He will also join the Insurance Executive Leadership Team.
Shedden joins the re/insurer from AXA XL, the property & casualty and specialty risk division of AXA, where he served as the Head of Enterprise Data Insurance Pricing, Advanced Analytics & Innovation.
He brings more than 25 years of industry experience to the role, adding a unique perspective to Sompo International’s process of portfolio design, technical pricing and performance management, where he will be supported by a diverse team of experts from key regions around the globe.
Commenting on the appointment, Gallagher said: “We are pleased to have Paul join Sompo International, bringing his vast experience in leading similar operations at some of the most well-respected global organizations. Paul has achieved great success in running talented and successful departments across multiple regions as well as implementing innovative solutions for growing and diverse portfolios.
“His proven track record, history of success and extensive global experience aligns perfectly with Sompo International’s strategic direction, and I am delighted to welcome him to our senior Insurance segment leadership team.”
Shedden added: “I am excited to join Sompo International as the organization continues on its ascent to becoming one of the top global insurance carriers. Mr. Gallagher has a strong strategic vision for the company’s future, and I am looking forward to working alongside him and the exceptional global Insurance leadership team at Sompo International.”