27 June 2017Insurance

Sompo expands London presence with new A&H unit, appoints leader

Bermuda-based property/casualty re/insurer Sompo International has launched a new accident and health (A&H) insurance unit.

The company has appointed Dale Willetts as executive vice president, head of accident and health, to lead the new team that includes six underwriters located in its London office. Willetts will report to Richard Housley, chief underwriting officer Sompo International London Market Insurance.

Willetts was head of underwriting A&H at ANV since 2012 and, prior to that, was in a similar role at Travelers.

The new team will write a broad portfolio of global A&H business written primarily through the company’s Lloyd's Syndicate 5151.

"We are very pleased to welcome the A&H team to Sompo as we continue to expand our London presence into new product offerings and distribution channels," Housley commented. "With strong broker relations built over decades serving this niche market, the team’s client-centric underwriting approach complements Sompo’s reputation for collaboration and responsive service. Dale and his colleagues are a great addition to the London insurance platform that we have built over the last four years."

Use code "Save20" and to save 20% on selected tickets for  for  Intelligent InsurTECH Europe 2017 - Offer ends July 15th

Today’s stories

Starr Companies names domestic insurance CUO

Apple, Cisco push for cyber insurance discounts: Report

VIG CFO resigns, successor named

Chubb appoints Sherman to lead North America management liability business

Assured Guaranty to merge its European subsidiaries

CNA Hardy taps Neon executive as head of cargo at Lloyd's

AXA Hong Kong appoints new CEO

Neon bolsters underwriting management with former AXA Art CEO

Insurtech Wefox integrates Munich Re-backed digital insurer One

Crawford & Company hires Zurich executive as global COO

RAA lobbies for corporate tax cut in US

XL Catlin to offer workplace violence insurance in US

Did you enjoy reading this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
31 May 2017   Bermuda-based property/casualty re/insurer Sompo International is acquiring the renewal rights to Novae’s financial institutions (FI) portfolio which had annual gross written premiums in excess of $25 million.
Insurance
28 June 2017   Specialty re/insurer Sompo Canopius has appointed Tim Watson as credit and political risk underwriter.
Insurance
17 October 2017   Sompo International remains strongly positioned in the market, despite the losses from natural catastrophes that have hit in the third quarter of the year, David Bigley, executive vice president, chief underwriting officer and head of global catastrophe reinsurance at the company, told PCI Today.