Japanese insurer MSIG Asia has announced the appointment of two new senior vice presidents.

MSIG Asia has appointed Rajnish Pal as senior vice president and head of transformation, according to a statement. In the role, he will be pivotal in driving operational efficiency and fostering synergy across Asia with a focus on regional transformation initiatives, including optimizing business processes and leveraging innovative technologies.

Pal has more than 20 years of financial services and consulting experience across Japan, Hong Kong, ASEAN, UK and the US.

Underwriting, Reinsurance and Claims

The insurer has also named Christian Kolmberger as senior vice president, underwriting, reinsurance and claims. In the role, he will provide support in the non-marine class of business, including energy and construction, with a focus on advancing the firm's strategy on renewable energy.

Kolmberger has over 30 years of insurance experience with an extensive background in energy, construction and property insurance, along with renewable energy expertise across Europe, Australia and Asia Pacific.

«Raj’s and Christian’s diverse experience and proven track records will be instrumental in driving our transformation initiatives and enhancing our underwriting capabilities,» said MSIG Asia CEO Clemens Philippi. «As we continue to evolve in the dynamic insurance landscape, their expertise will help us deliver innovative solutions that meet the needs of our customers and support our growth ambitions across the Asia region.»

MSIG is a wholly owned subsidiary of Japan-based Mitsui Sumitomo Insurance Co. Ltd. It has over 40,000 employees with a presence in 48 countries and regions globally. Within Asia, it is represented in all ASEAN markets as well as Australia, New Zealand, Hong Kong, China, Korea, India and Taiwan.