Sompo International, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Richard Brown to lead a new team focusing on property business.
Brown’s new role covers retail distribution channels in the UK, Europe and selected international territories including the Middle East and Israel.
Most recently, Brown served as head of property and marine lines at Generali.
With almost 30 years of UK and international property risk underwriting experience, Brown brings a wealth of expertise to his new role.
Commenting on Brown’s appointment, Julian James, CEO, international insurance at Sompo International, says: “Our ambition is to deliver solutions for our clients and broker partners that help them to achieve effective risk transfer.”
He adds: “By expanding our offering into the retail market, 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.”