News
SINGAPORE – July 11, 2024 – Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Bill Zhang as President, Consumer Lines, Asia Pacific (APAC), effective August 7, 2024. Mr Zhang will be based in Singapore and report to Kenneth Reilly, Chief Executive Officer, Insurance, Asia Pacific.
Mr Zhang will be responsible for leading the Consumer Lines strategy and operating model, as well as developing talent and capabilities across the APAC region.
Kenneth Reilly said: “I am excited to welcome Bill to the APAC leadership team. With his technical expertise and diverse knowledge in various customer segments across multiple markets, I am confident that Bill will further impel our financial performance and differentiated offerings to our policyholders.”
Mr Zhang joins Sompo from AIG, where he worked for more than 12 years, most recently leading the small-to-medium enterprise (SME) segment and accident & health portfolio in Japan. He began his career 18 years ago as an actuarial analyst in Toronto and has experience in North America and Asia Pacific with skillsets across pricing, data analytics, products, and distribution.
He is a graduate of the University of Waterloo in Canada with a degree in mathematics.
We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 138 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 10,000 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise™.
“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.
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