26 July 2017Insurance

Former Sompo CEO resurfaces at London firm Oxbow

Stuart Davies, the former Group CEO of Sompo Canopius has joined a London-based management consultancy serving the insurance industry, Oxbow Partners, as its chairman and non-executive director.

He is currently the chairman of European run-off insurance company DARAG, and a partner at private equity firm Disruptive Capital.

Davies departed from Sompo Canopius, the specialty re/insurance subsidiary of Sompo Japan Nipponkoa Holdings, in November 2016.

Prior to Sompo, he was managing director of Aegis London, a Lloyd’s syndicate, and operations director of motor insurer Highway.

In his new role as non-executive chairman, Davies will help Oxbow Partners develop its consulting services within the insurance industry.

Davies commented: "I have been impressed by the impact that Oxbow Partners has had for its clients in the insurance sector and the level of insight that underpins it. I believe the firm has an exciting opportunity to broaden its reach and build its reputation as one of the leading advisors in the sector. I look forward to supporting the team with its next phase of growth."

Chris Sandilands, partner at Oxbow Partners, said: "We are delighted that Stuart has chosen to join Oxbow Partners in the newly-created position of Chairman. The combination of Stuart’s decade leading some of London’s most successful specialty underwriters and his operational experience in the motor market gives him unparalleled insight into our clients’ situations. We look forward to integrating this into our engagements for our clients’ benefit."

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More on this story

Insurance
23 November 2016   The chief executive of Sompo Canopius, a specialty re/insurance subsidiary of Sompo Japan Nipponkoa Holdings, has stepped down with immediate effect, prompting a management reshuffle at the company.
Insurance
29 June 2017   European run-off insurance company DARAG has appointed Stuart Davies, the former group CEO of Sompo Canopius, as chairman of the group.
Insurance
7 August 2017   Former Sompo Canopius CEO Stuart Davies has joined the board of UK insurtech platform REG as a non-executive director.