Sompo International Holdings Ltd, the Bermudian-based specialty provider of property and casualty re/insurance, announced today that New York-based Kimberly Iacocca has been promoted to senior vice-president and head of financial institutions for the US financial lines business unit of Sompo International.

Ms Iacocca has been with the organisation for eight years and most recently held the title of vice-president, financial institutions, US financial lines.

In her new role, she will be responsible for overseeing the underwriting, distribution and management of the US financial institutions team.