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Pembroke, Bermuda, January 10, 2024–(BUSINESS WIRE)–Somerset Reinsurance Limited (“Somerset”), a leading provider of reinsurance solutions to the U.S. life insurance and annuity markets, is a leading provider of reinsurance solutions to the U.S. life insurance and annuity markets. We are pleased to announce that he has been appointed as Head of New Business Development, effective immediately. effect. Mr. Diaz will be based in Bermuda and will report to Mr. Jeff Burt, Somerset’s Chairman and Chief Executive Officer.
Mr. Diaz will be responsible for leading all commercial activities of the business and overseeing underwriting and pricing policies worldwide.
She joins Somerset from SCOR Global Life Reinsurance in Charlotte, North Carolina, where she served as Director of Partnerships. She co-founded her business through partnerships that included the development of her own digital-enabled life products and led various teams through the growth of the business in the US market. She previously worked at her SCOR in Toronto, where she was responsible for new business development and growing the innovation footprint for the Canadian market. Prior to joining SCOR, she held numerous traditional and non-traditional actuarial assignments at John Hancock and Manulife across Canada, the United States and Asia.
“We are delighted that Manisha, an experienced and successful customer relationship manager, has chosen to join the Somerset Re team,” said Mr Burt. “Manisha brings a deep track record of building relationships that will ensure we expand on our rapidly growing success in the U.S. and lead our expansion efforts around the world.”
Ms. Diaz continued, “I am very excited to join Somerset’s world-class team. We look forward to building on the organization’s recent growth and success and serving our insurance partners around the world.” ”
About Somerset Reinsurance Ltd.
Somerset Re is a leading provider of reinsurance solutions for life and pension businesses, helping clients manage capital efficiency and improve financial performance. Somerset was rated No. 1 on the Business Capability Index in the Portfolio Transfer segment in NMG Consulting’s 2021 U.S. Structured Financial Solutions Reinsurance Study. Somerset Re solutions include programs for new business flows, legacy block management of life insurance and annuities, and global capital-driven reinsurance solutions. For more information, visit SomersetRe.com.
View source version on businesswire.com. https://www.businesswire.com/news/home/20240110127371/ja/
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