Richard Allen News

People Moves: Sompo Promotes Allen as CUO of Global Markets Commercial P&C Insurance, Succeeding Easton; BMS Taps Howden’s Leahy as Cyber Practice Co-Leader

This edition of International People Moves details appointments at re/insurer Sompo and the re/insurance broker BMS. A summary of these new hires follows here. Sompo Promotes Allen as CUO of Global Markets Commercial P&C Insurance, Succeeding Easton Sompo, the provider …

Sompo International Launches Transaction Risk Insurance in Europe

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that the company’s European specialty platform has introduced a new transaction risk insurance line of business, expanding its professional lines insurance offerings in …

Sompo International to Acquire Novae’s Financial Institutions’ Renewal Rights

Sompo International, a Bermuda-based specialty provider of property and casualty re/insurance, announced its London market insurance platform has agreed to acquire Novae Syndicates Ltd.’s financial institutions’ (FI) renewal rights. The purchase, which excludes emerging markets business, encompasses a portfolio that …