Western World Insurance Group appoints director of risk management

Western World Insurance Group, a wholly-owned subsidiary of Validus Holdings, announced the appointment of Arya Yarpezeshkan as senior vice president, director of risk management, effective as of Oct. 3. Yarpezeshkan brings to Western World two decades of career experience, having dedicated the last 12 years to integrated risk management and strategic planning.

In his new role, Yarpezeshkan will be responsible for overseeing a small team of risk management analysts and building a comprehensive risk management framework for several enterprise functions. His team will be based in the United States and will help Western World expand its product scope, working to make new products and services available to its clients. He will report to Western World Chief Operating Officer Thad DeBerry.

Prior to joining Western World, Yarpezeshkan served as the chief risk officer at Navigators, where he led the global enterprise risk management (ERM) program. Before joining Navigators in 2013, he was chief risk officer and vice president of strategic planning for Tokio Marine Management in the United States. Yarpezeshkan’s experience in enterprise risk management developed from his role at MasterCard, where he served as business leader of the ERM division.