Somerset Re taps SCOR for business development chief

Bermuda-based Somerset Re has appointed Manisha Dias to be head of new business development.

Dias will be based in Bermuda and will reporting to Jeff Burt, chairman and chief executive officer. 

Dias will be responsible for leading all commercial activity for the business globally and overseeing policy for underwriting and pricing.

Dias was at SCOR Global Life Reinsurance in Charlotte, North Carolina, where she was head of partnerships. She co-founded the partnerships business, which encompassed the development of proprietary and digitally enabled life product offerings and led various teams through the growth of the business in the US market. 

She was previously at SCOR in Toronto, responsible for new business development and cultivating an innovation footprint for the Canadian market. Prior to SCOR, she held a number of traditional and non-traditional actuarial roles globally across Canada, the US and Asia at John Hancock and Manulife.

“I am delighted that Manisha, such an experienced and successful client relationship manager, has chosen to join the Somerset Re team,” said Burt. “Manisha brings a deep track record of relationship building that is certain to expand our rapidly growing success in the US and lead our expansion efforts around the globe.”

Added Dias: “I am beyond thrilled to join the world-class team at Somerset. They have laid a strong foundation with their multi-faceted platform and reinsurance expertise to be able to solve clients’ challenges in unique and meaningful ways. I look forward to building on the recent growth and success of the organisation and serving insurance partners worldwide.”

Somerset Re provides reinsurance solutions for life insurance and annuity business.

Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.