Re-Insurance

Sompo bolsters casualty reinsurance team

  • Lorene Phillips: joins Sompo International from Allied World
  • Alison Wood: joins Sompo International from Argo Group

Sompo International has bolstered its casualty reinsurance team with two new hires.

The Bermudian-based company, a subsidiary of Japanese insurance giant Sompo Holdings, said Alison Wood and Lorene Phillips would be based in London as both in the role of senior vice-president, international casualty underwriter.

Ms Wood, who has more than 30 years of experience in the industry, was most recently with ArgoGlobal Syndicate 1200, where she focused on general liability classes including cyber, crime and medical malpractice and motor, and serviced a broad international client base including the UK, Ireland, Continental Europe, Canada, Asia, the Middle East, South America and India.

Ms Phillips has more than 20 years of industry experience and joins Sompo International from Allied World, where she spent 15 years working in both Bermuda and more recently in London, responsible for the casualty facultative and international treaty portfolio. She began her career at XL Catlin, where she worked for nine years.

Both new recruits will report to Mike Fokken, executive vice-president, head of international casualty and professional lines reinsurance.