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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