“I’m thrilled to hitch Sompo Worldwide at such an essential time within the group’s development journey,” said Burnet, who is predicated in Boston. “I’m wanting ahead to constructing on its report of remarkable supply in shut collaboration with the management staff and colleagues globally.”
Chief government James Shea, in the meantime, stated he’s “more than happy” to welcome Burnet to Sompo Worldwide.
“Along with his appreciable experience and powerful background from a number of monetary positions overseeing each P&C and life enterprise on a worldwide foundation, Nick will play a key half in driving our formidable development plans and shaping the way forward for our firm,” commented the CEO. “He’s a widely known and devoted chief within the insurance coverage business who will make an instantaneous affect.”
“Distinctive contributions”
As for the previous finance chief, Shea additionally had nothing however heat phrases for McGuire.
“It has been a terrific pleasure working with Mike since I joined Sompo in 2021, and I’ve seen up shut his dedication and keenness to guide with our core values and put our individuals, shoppers, and buying and selling companions on the middle of all the things we do,” he famous. “Mike has been integral to the expansion of our group and has performed a key position in bringing us to the place we’re in the present day.
“I thank him for his distinctive contributions and am happy he’ll stay with us to assist the transition course of and to seek the advice of with me on numerous strategic initiatives.”
Sompo Worldwide, which employs 10,000 individuals and is headquartered in British abroad territory Bermuda, didn’t elaborate on McGuire’s determination to step down from the CFO publish.
