Sompo taps new head of casualty international insurance from QBE
Specialty re/insurer Sompo International Holdings has hired a new head of casualty international insurance from QBE.
Mike Reid (pictured) will be based in London and report to Richard Housley, chief underwriting officer of international insurance. He will be responsible for building out the company’s international casualty business, working across operations outside of the US to deliver solutions that meet the liability risks faced by enterprises today.
Reid has over 20 years’ experience in the casualty market gained across broking and underwriting, including both the company and Lloyd’s markets. He began his career with Willis before moving on to hold senior roles at ACE, Brit and – most recently – QBE, where he was director, international liability and a member of the executive management team for international business.
Julian James, chief executive officer, international insurance at Sompo International, said: “Mike is the perfect fit for Sompo International; he is experienced, ambitious and entrepreneurial and joins us at a pivotal moment on our growth journey. He will lead an established team that diversifies by product and distribution, including delegated authority solutions to SMEs and an open market book focused on larger clients.”
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