Reinsurance News

Tim Phillips joins Sompo Canopius as credit & political risk underwriter

11th July 2017 - Author: Luke Gallin -

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Sompo Canopius AG has named Tim Phillips from Deutsche Bank as credit & political risk underwriter, effective August 30th, 2017.

Sompo Canopius logoWhile at Deutsche Bank, Phillips held the position as head of credit for Russia/CIS & EE.

In his new role Phillips will be responsible for underwriting a wide range of credit and political risks, and will report to head of the credit & political risk team and global head of specialty, Bernie de Haldevang.

de Haldevang, said; “Tim has an encyclopaedic knowledge of the complexity of credit risk; with a detailed understanding of the country and market risk, operational, regulatory and other issues that have to be taken into account.  He will be a great asset to our team and I know that our clients and broker partners will appreciate his expertise and the added value he can offer.”

In recent times Sompo Canopius has made a number of hires within its credit & political risks team, which is part of the company’s plans to increase its diversification and expand its specialty lines business.