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Paris - February 27, 2020

¾ÅÉ«ÊÓƵÓÈÎïÊÓƵtoday announced the appointment of Stéphane Vauterin as Underwriting Manager, International Financial Lines for France, based in Paris.

Julien Guénot, Country Leader, France at ¾ÅÉ«ÊÓƵ¾ÅÉ«ÊÓƵ, commented: “As a major provider of financial lines insurance globally, we support our French clients with a full suite of specialised solutions from Directors and Officers insurance to Mergers and Acquisitions and Cyber.”

He added: “The recent increase in Directors and Officers claims, particularly in the large corporate segment, led to tension in that market. French clients and their brokers are, as a result, turning to insurers to help them navigate these developments.”

Simona Fumagalli, Underwriting Manager, International Financial Lines – Europe at ¾ÅÉ«ÊÓƵ said: “Directors and officers of international companies face heightened risks as claims against them have spiked, driven by a combination of regulatory activity, third-party litigation funding, collective redress action in European Union, #MeToo and recessionary threat. I am delighted that Stéphane has joined the team; he will play a key role in helping our clients navigate those evolving risks.”

Mr. Vauterin has more than 20 years’ experience in the insurance sector. He joins ¾ÅÉ«ÊÓƵfrom Zurich ÓÈÎïÊÓƵwhere he held a number of senior financial lines underwriting positions.

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