Sompo expands European professional lines with Argo hire

Bermuda-based global specialty re/insurer  Sompo International Holdings has strengthened its professional lines unit with a senior hire from  Argo Group.

Marco Serra has been appointed vice president of professional lines.

He has more than two decades of European insurance experience working in Italy, the UK and Spain for leading businesses including AIG, ANV and Navigators. He joins Sompo International from ArgoGlobal Assicurazioni in Rome, where he was chief underwriting officer.

Serra will be based in Sompo International’s Barcelona office and report to Mathieu Borneuf, SVP head professional lines for Continental Europe.

Richard Allen, EVP, professional lines, London Market & Europe, said: “ Sompo International has ambitious growth plans in Continental Europe and Professional Lines is a key area of focus; we have grown our European Professional Lines book to a significant size in the last three years.

"As we strive to be close strategic partners to our clients, we rely on the technical expertise and knowledge of our people. All our Professional Lines team are industry experts, each with 15-20 years' experience, so Marco’s track record and distinctive skill set make him a perfect fit. He will have responsibility for helping profitably growing our Professional Lines book in Europe with a particular focus on Professional Indemnity.”

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