Sompo International appoints London lead

He will spearhead the firm’s expansion into the retail market

Sompo International, a Bermuda-based specialty provider of property and casualty (re)insurance, has appointed Richard Brown as senior vice president, head of UK and international property.

Brown will lead a new team that focuses on property business through distribution channels mostly throughout the UK and Europe.

Previously, Brown has served as head of property and marine lines at Generali, and will provide his latest position with almost 30 years of property risk underwriting experience.

The move is intended to expand Sompo’s offering into the retail market, with Brown spearheading the initiative.

Julian James, CEO of international insurance at Sompo, said: “Our ambition is to deliver solutions for our clients and broker partners that help them to achieve effective risk transfer. 

“The new team will build on the success of our existing property expertise, which has a global wholesale focus, and offer our capacity and appetite to develop much closer ties to major corporates and international multi-nationals.”

Also included in Brown’s responsibilities will be a number of selected international territories that include the Middle East and Israel.

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