Sunday, December 25, 2016

Giordano to Retire as government Chairman of Canopius US



Canopius group constrained, the worldwide forte (re)coverage platform of Sompo Holdings, announced that James (Jim) Giordano, executive Chairman of Canopius US Holdings, will retire from the organization on June 30, 2015.
The statement referred to that Giordano “become a member of the original Canopius control purchase-out group and served as the organization’s chief Underwriting Officer from may additionally 2003 until October 2013. He then relocated to the united states to soak up his current position”.
Michael Watson, Chairman and CEO of Canopius described Giordano as “both a private buddy and a valued colleague;” including that he “has been a massive part of the Canopius achievement tale during the last twelve years and became my right hand guy for maximum of that point in London.” Watson also said he “had a superb have an effect on in constructing a strong and proficient pool of underwriters each right here and overseas,” and thanked him “for his big contribution to Canopius and desire him all of the great for the future.”
Giordano said: “After forty one years of underwriting, i have determined the time is proper to spend greater time with my own family. The advent and improvement of Canopius turned into both challenging and profitable and i'm proud of the element I performed in its success. I depart with self belief that the modern-day team led via Michael Watson is fully capable of carrying the baton directly to in addition greatness. I would love to thank all of my colleagues and friends in the insurance market for their aid over a few years.”

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