Reinsurance broker Howden Re has announced the appointment of Jay Sogliuzzo as Managing Director, Head of North America Marine, Energy & Terror Specialty Treaty.
Sogliuzzo brings 14 years of underwriting experience spanning Upstream Energy, Ocean Marine and Inland Marine, alongside established relationships with clients and underwriters across North America.
He joins Howden Re from Gen Re, where he worked across facultative and treaty reinsurance within the Marine and Energy market.
Most recently, he served as Vice President and Senior Underwriting Specialist, underwriting all lines of ocean marine reinsurance, including treaty and facultative business, across the US, Canada and the Caribbean.
Howden Re said the appointment reflects its continued investment in its global Marine, Energy & Terror platform and its commitment to expanding specialist capabilities in North America.
As geopolitical tensions, energy security and supply chain resilience reshape the global risk landscape, clients are increasingly seeking integrated advice across marine, energy and political violence exposures, backed by local expertise and global market insight.
Recent events have highlighted how quickly disruption to strategically important trade routes can affect marine, energy and specialty markets.
Howden Re noted that disruption around the Strait of Hormuz has intensified underwriting scrutiny, reshaped risk appetite and reinforced the importance of understanding geopolitical accumulation risk across interconnected marine, energy and political violence portfolios. While the global reinsurance market has remained resilient, the evolving risk landscape is driving demand for specialist expertise and local market leadership.
North America represents a significant opportunity for the Marine, Energy & Terror market, driven by substantial concentrations of offshore energy, marine infrastructure and cargo exposures, particularly along the Gulf Coast. As global trade flows, energy markets and supply chains become increasingly exposed to geopolitical volatility, clients require specialist risk transfer solutions that combine local market expertise with global insight.
Bradley Maltese, CEO, UK & Global Specialties at Howden Re, said, “Our global specialty practice continues to go from strength to strength, with the Marine, Energy & Terror division in particular demonstrating increased client demand. Jay’s hire, the first of its kind for Howden Re, is another big step on our journey, demonstrating the success of our commitment to excellent client and market service. We welcome Jay, whose deep knowledge and expertise in the Marine, Energy and Specialty areas will be a great asset to us all.”
Andrew Foot, Managing Director, Global Specialty Treaty, Howden Re, added, “Our Marine, Energy and Terror division has achieved 185% revenue growth year on year, with a growing contribution from the North American market now being evident. With a tangible pipeline of new opportunities also being pursued in the region, it was critical that we found the right person to lead us into the next phase of our build-out. Jay’s experience, contacts and deep product expertise made him the perfect candidate to lead our North American MET division and will be an invaluable asset to our team and our growing client base in the years to come. With further growth also being planned, we are looking to the future with a great deal of optimism.”
Sogliuzzo commented, “I’m delighted to be joining Howden Re at such an important time for the growth of our Marine, Energy & Terror business in North America. Having spent my career working closely with clients across facultative and treaty placements, I understand the value of having a dedicated presence on the ground here, and I’m looking forward to building on those relationships as we grow the team and the business across the region.”
