Reinsurance News

Sompo Intl. hires Head of Casualty, International Insurance

16th November 2021 - Author: Matt Sheehan

Sompo International Holdings Ltd., the global Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Mike Reid as Executive Vice President, Head of Casualty, International Insurance.

Sompo InternationalReid has over twenty years’ experience in the casualty market gained across broking and underwriting, including both the Company and Lloyd’s markets.

He began his career with Willis before moving on to hold senior roles at ACE, Brit and – most recently – QBE, where he was Director, International Liability and a member of the Executive Management team for the international business.

At Sompo International, Reid will be based in London and will report to Richard Housley, Chief Underwriting Officer, International Insurance.

“Mike is the perfect fit for Sompo International; he is experienced, ambitious and entrepreneurial and joins us at a pivotal moment on our growth journey,” said Julian James, Chief Executive Officer, International Insurance at Sompo International.

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“He will lead an established team that diversifies by product and distribution, including delegated authority solutions to SMEs and an open market book focused on larger clients,” James continued.

“Mike will have responsibility for building out our international casualty business, working across our operations outside of the U.S. to deliver solutions that meet the liability risks enterprises face today and to foster mutually beneficial relationships with our clients and brokers.”

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