’Brokers have long been drivers of innovation in the credit insurance market,’ says incoming group chief underwriting officer
B2B insurtech Bondaval has appointed former Aon managing director Ewa Rose as its group chief underwriting officer, according to a statement released yesterday (6 December 2023).
Rose, who is also a trade credit insurance veteran, will join in February 2024 and take up responsibility for raising the insurtech’s market presence and spearheading expansion.
She will be based in London and integral to Bondaval’s strategy as the insurtech gears up to grow across Europe and the Americas.
Most recently, she was managing director at Aon Credit and Financial Risks Reinsurance Solutions, where she was responsible for strategic accounts, the team’s growth strategy, reinsurer relationships and product placement, including the broker’s capital solutions business.
Bondaval is the third early-stage underwriting business Rose has been involved in, having previously set up and headed the trade credit business at ACE – now Chubb – before launching the trade credit, political risk and surety division at Markel.
While at Markel, Rose led the operation from its inception to what is now a multinational unit operating across London, Singapore, Dubai, New York and Chicago.
Values and culture
Tom Powell, chief executive of Bondaval, said: “It’s a pleasure to welcome Rose to Bondaval. Her expertise and track record of launching successful underwriting platforms globally will contribute to achieving our growth objectives and help to lead Bondaval’s continuing development.”
Rose added: “Bondaval is bringing an exciting new approach to the market, both in terms of the features of the product and its technology-driven means of delivery.
”We are well-placed not just to capture demand from existing buyers, but to bring new capacity to the market with the support of our partners across broking, insurance and reinsurance.”
Founded in 2020, Bondaval serves companies in the UK, EU, USA and Canada.
Rose said: “Brokers have long been drivers of innovation in the credit insurance market and we look forward to working with them to develop new applications for Bondaval’s products.”