Sompo, a global provider of commercial and consumer property and casualty (re)insurance, has named Bill Zhang as the new president of consumer lines for the Asia Pacific (APAC) region, effective August 7.
Zhang (pictured) will be stationed in Singapore and will report directly to Kenneth Reilly, chief executive officer of insurance for APAC.
Zhang will be responsible for driving the strategy and operational framework for consumer lines, in addition to enhancing talent and capabilities throughout the APAC region.
Prior to joining Sompo, Zhang spent over 12 years at AIG, where he most recently managed the small-to-medium enterprise segment and the accident and health portfolio in Japan.
He began his career 18 years ago as an actuarial analyst in Toronto, bringing extensive experience in pricing, data analytics, products, and distribution in North America and Asia Pacific. He holds a mathematics degree from the University of Waterloo in Canada.
“I am excited to welcome Bill to the APAC leadership team,” Reilly said. “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.”
Zhang joins Sompo after the appointment of Christoph Müller as the new country manager for insurance in Switzerland.
“Christoph is an outstanding insurance professional with exceptional leadership skills and a proven track record of success across two decades,” Brand said. “His deep market knowledge and insights, both locally and internationally, make him perfectly placed to further continue the growth of Sompo’s business in Switzerland, and I look forward to working closely with him.”