MSIG USA announced the addition of Dan Riordan, Richard Abizaid, and Javier Gomez, to lead the company's political risk and Credit product portfolio in the U.S. market.

NEW YORK, June 27, 2024 /PRNewswire-PRWeb/ -- MSIG USA is pleased to announce the addition of Dan Riordan, Richard Abizaid, and Javier Gomez, to lead the company's political risk and Credit product portfolio in the U.S. market. These strategic additions underscore MSIG USA's commitment to providing comprehensive insurance solutions that safeguard businesses against complex risks.

"The expertise of Riordan, Abizaid, and Gomez will further strengthen our position in the U.S. market," stated Peter McKenna, CEO of MSIG USA. "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."

Riordan brings a wealth of experience to MSIG USA, having served as Global Head of Political Risk & Credit at Vantage for over three years. Prior to his tenure at Vantage, Riordan was 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 joins MSIG USA with a rich background in underwriting and managing political risk and Credit insurance. Previously serving as Senior Vice President at Vantage, Abizaid has over 15 years of experience in the industry, including 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. 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."

About MSIG USA

MSIG USA is the marketing term used to refer to insurance subsidiaries and their managers under MSIG Holdings (U.S.A.), Inc. ("MSIGH")which are Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc., and MSIG Specialty Insurance USA Inc. managed by Mitsui Sumitomo Marine Management (U.S.A.), Inc. and MSIG Insurance Services, 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, A+, Class 15 ratings, and a global reach that spans 40+ countries and regions. MSIGH utilizes that heritage to bring 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.

Media Contact
Jennifer Marino, MSIG USA, 1 5082723084, Jennifer.Marino@MSIG-NA.com, MSIGUSA.com

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SOURCE MSIG USA