Sompo taps ArgoGlobal and Allied World execs for global casualty
Bermuda-based re/insurer Sompo International has hired Alison Wood and Lorene Phillips for its global casualty reinsurance team in London.
The move is a part of its plan to expand its underwriting capabilities and presence in the global casualty market.
Wood was most recently with ArgoGlobal Syndicate 1200 where she focused on general liability classes including cyber, crime and medical malpractice and motor, and serviced a broad international client base including the UK, Ireland, Continental Europe, Canada, Asia, the Middle East, South America and India.
Prior to Argo, she spent 12 years with Gen Re as a senior vice president and practice leader after earlier underwriting roles in the both the life and non-life insurance space and as a buyer of global casualty reinsurance for RSA.
Phillips joins Sompo International from Allied World Assurance Company (AWAC) where she spent 15 years working in both Bermuda and more recently in London responsible for the casualty facultative and international treaty portfolio. In this role, she built-out AWAC's European portfolio which was predominantly focused on D&O, EL and Miscellaneous E&O. Phillips began her career with XL Catlin where she worked with both the underwriting and claims teams for nine years.
As senior vice president, international casualty underwriter, the duo will report to Mike Fokken, executive vice president, head of international casualty and professional lines reinsurance.