MSIG USA bolsters its political risk and credit team in the U.S. market
MSIG USA has announced the addition of Dan Riordan, Richard Abizaid, and Javier Gomez to its political risk and credit team. The three will lead the political risk and credit product portfolio in the U.S. market.
This move underscore MSIG USA’s commitment to providing comprehensive insurance solutions to safeguard businesses against complex risks.
Peter McKenna, Chief Executive Officer, MSIG USA, commented, “The expertise of Riordan, Abizaid, and Gomez will further strengthen our position in the U.S. market. In an era of political and economic uncertainty, it is imperative to offer our clients robust strategies that include coverage for political risks and Credit alongside their general risk exposures.
“Our dedication to building deep, enduring relationships with our clients drives us to continuously evolve and expand our product offerings. The proposition will significantly enhance our group-wide capabilities, alongside sister company MS Amlin’s existing credit and political risk offering, under Head of Crisis Management Jamie Cleary.”
Prior to this, Riordan served as the Global Head of Political Risk & Credit at Vantage for over three years. Before this, he was the President of Political Risk, Credit & Bond at AXA and its specialty division, XL Caitlin, for over five years. His extensive career also includes 18 years at Zurich, where he led the political risk and Credit portfolio.
Abizaid has over 15 years of industry experience with expertise in underwriting and managing political risk and credit insurance. Previously, he served as the Senior Vice President at Vantage, his career includes significant roles at AXA and Zurich. His expertise in developing tailored insurance solutions for complex risks will be instrumental in enhancing MSIG USA’s offerings.
Gomez, formerly Vice President at Vantage, brings a unique perspective with his extensive experience in both political risk and credit underwriting, stated the firm. Gomez has a proven track record of successfully managing large portfolios and driving innovation in insurance products. His analytical skills and market insights will be key assets to the MSIG USA team.
McKenna added, “With this team, we are significantly enhancing our underwriting capabilities in the political risk and Credit space within the U.S. brokered market.
“Their extensive backgrounds and proven success in the industry will be invaluable as we continue to enhance our product offerings and deliver exceptional value to our clients. Our focus remains on building a world-class team that drives innovation and provides the best possible coverage solutions to meet the diverse needs of the market.”
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