June 26, 2017
Sompo International, the Bermuda-based specialty arm of Japan's Sompo Holdings, has launched a new London-based accident and health (A&H) insurance unit.
The new division will be headed by Dale Willetts, who joins from ANV where he served as head of underwriting for A&H. Prior to that, he held a similar position at Travelers.
He will report to Richard Housley, CUO Sompo International London Market Insurance.
The new team, which comprises six underwriters based in London, will write a broad portfolio of global A&H business written primarily through the company’s Lloyd's Syndicate 5151.
Commenting on the announcement, Housley said: “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.”
“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.”