Sompo International plans aviation expansion; hires from Cincinnati

Bermuda specialty re/insurer  Sompo International Holdings has unveiled plans to expand its general aviation offering outside the US, as well as in the London wholesale market, with the hiring of a senior underwriter from Cincinnati Global.

Peter Buckley (pictured) has been appointed to the role of vice president, aerospace to develop this segment of its business.

Buckley has more than 20 years’ experience in the aviation insurance industry, gained as an underwriter in the UK and Singapore. Prior to joining Sompo, his most recent role was at Cincinnati Global Underwriting.

Andrew Metcalfe, SVP of London Market Aerospace at Sompo International, said: “As a long-standing market leader in aerospace insurance we are pleased to be able to expand our offer to the growing general aviation sector, leveraging the Sompo International network and quality capacity to grow our business globally.

“Peter will be responsible for developing our general aviation book outside the U.S. as well as in the London wholesale market. Enhancing our offering in this space requires building stronger, closer and more productive relationships with our clients and brokers worldwide and Peter brings extensive experience to a diverse team that draws on a range of knowledge, technical expertise and insights to deliver better outcomes for brokers and insureds.”

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