Monica Ningen has been named president and CEO of Toronto-based Swiss Re Canada and English Caribbean, effective July 1, the firm announced on Friday.
Ningen will succeed Veronica Scotti, who has been named chairperson of global partnerships.
Ningen has more than 20 years of experience in the insurance industry, starting her career at reinsurance broker, New York-based E.W. Blanch. She joined Swiss Re in 2016 when the firm acquired GE Insurance Solutions. She has held several leadership roles in property underwriting, most recently as head of property underwriting in U.S. and Canada.
“Monica’s business experience and strong leadership skills will be a key asset in helping Swiss Re to grow our business and client relationships in Canada and the English Caribbean,” says J. Eric Smith, president and CEO of Swiss Re Americas.
Monica plans to relocate to Toronto in early August. Scotti will move to Zurich in early August, as well.