Reinsurance News

Sompo International launches London-based Accident & Health insurance unit

27th June 2017 - Author: Staff Writer

Bermuda-based Sompo International, the former Endurance Specialty Holdings re/insurer prior to being acquired by Sompo Holdings, has announced the launch of an Accident & Health (A&H) insurance unit set to be led by Dale Willetts as Executive Vice President.

Sompo International logoThe A&H unit consists of a team of six underwriters, who will underwrite a broad portfolio of global A&H business through the firm’s Lloyd’s Syndicate 5151,  based out of the firm’s London office.

Richard Housley, Chief Underwriting Officer Sompo International London Market Insurance, who will oversee Willetts, commented; “We are very pleased to welcome the A&H team to Sompo as we continue to expand our London presence into new product offerings and distribution channels.

“With strong broker relations built over decades serving this niche market, the team’s client-centric underwriting approach complements Sompo’s reputation for collaboration and responsive service.

“Dale and his colleagues are a great addition to the London insurance platform that we have built over the last four years.”

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Willetts is a veteran in A&H with over 20 years experience in the insurance sector.

Prior to his appointment, Willetts acted as Head of Underwriting of Accident and Health at ANV, before which he worked in a similar capacity at Travelers.

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