MSIG USA has appointed
Mark Thorogood as its new Head of
Reinsurance.
NEW
YORK, Sept. 17, 2024 /PRNewswire-PRWeb/ --
Seasoned Reinsurance Leader Brings Proven Expertise in Optimizing
Global Risk Strategies
"Mark's leadership will be pivotal as we
continue to strengthen our reinsurance capabilities and stay
well-positioned to navigate market shifts while delivering
exceptional value to our clients and partners," said MSIG
USA CEO Peter McKenna.
MSIG USA has appointed
Mark Thorogood as its new Head of
Reinsurance. In this role, Thorogood will oversee the company's
reinsurance strategy, including the placement and management of
reinsurance coverage for domestic and international operations. He
will work closely with key stakeholders to drive reinsurance
innovation and growth.
"We are excited to have Mark join our leadership team," said
Peter McKenna, CEO of MSIG
USA. "His wealth of experience in
reinsurance, along with his strong track record of fostering
relationships with global reinsurers, makes him an excellent
addition to the organization. Mark's leadership will be pivotal as
we continue to strengthen our reinsurance capabilities and advance
our strategic goals."
Thorogood brings more than 25 years of reinsurance experience to
MSIG USA. Prior to this
appointment, he served as Senior Vice President and Ceded
Reinsurance Director at Sompo International, where he was
responsible for overseeing the group's global reinsurance strategy,
including key treaty negotiations and managing a significant
portfolio of reinsurance placements. His career also includes
senior positions at Zurich Re and Alea
London, Ltd., where he gained extensive experience in both
assumed and ceded reinsurance operations across various
markets.
Peter McKenna added, "Mark's deep
understanding of the reinsurance industry will significantly
enhance our ability to stay aligned with the rapidly evolving
global insurance landscape. His proactive approach to managing
reinsurance strategies will ensure that MSIG USA remains agile and well-positioned to
navigate market shifts while continuing to deliver exceptional
value to our clients and partners."
About MSIG USA
MSIG USA refers to certain US
underwriting and service subsidiaries of MSIG Holdings
(U.S.A.), Inc. ("MSIGH") and their
manager Mitsui Sumitomo Marine Management (U.S.A.), Inc. MSIGH is a subsidiary of
MS&AD Insurance Group Holdings, Inc., one of the world's top
P&C carriers with a 350-year heritage, and a global reach that
spans 40+ countries and regions. With Class 15, A+ ratings, MSIG
USA utilizes the financial
strength, underwriting expertise, exceptional claims management,
global footprint, and innovation necessary to offer commercial
insurance solutions that address unique risks businesses face in
today's market. Our nationwide network of over 500 professionals
enables us to provide responsive and personalized service for our
clients. The US-based insurance subsidiaries are admitted in all
P&C lines in all 50 states, the District of Columbia, and Puerto Rico. Not all insurers do business in
all jurisdictions. Actual coverage is subject to the language of
the policies as issued. To learn more, visit www.msigusa.com.
Contact Information:
MSIG USA
1251 Avenue of the Americas, Suite 810
New York, NY 10020
Tel: 212-438-2000
Fax: 212-438-5075
Website: www.msigusa.com
Media Contact
Jennifer Marino, MSIG
USA, 1 5082723084,
Jennifer.Marino@MSIG-NA.com, msigusa.com
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SOURCE MSIG USA