PEMBROKE, Bermuda, September 1, 2022 — Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, announced today the appointment of Ralph Brand as President, Continental Europe.
In this role, Mr. Brand will oversee Sompo’s strategy in Continental Europe and enhance the offering to clients and distribution partners across the region.
“I’m delighted to welcome Ralph Brand to the Sompo Europe team,” said Julian James, Sompo’s CEO Global Markets, Commercial P&C. “Sompo has operated in Europe for over 50 years through our Japanese interest accounts. Four years ago, we started our pan-European professional lines offering and have strong ambitions to strengthen our commitment and expand our capabilities to brokers and clients across the Continent. Ralph is ideally placed to drive our ambitions forward. His wealth of experience and commercial mindset will be invaluable as we expand and grow our business, leading with our core values and putting our clients and trading partners at the center of everything we do.”
Mr. Brand comes to Sompo with more than 35 years of international insurance experience, most recently as Global Head of Casualty, Financial Lines & Cyber for Zurich Insurance’s Commercial Insurance business. Having held various leadership roles with Zurich and AIG in Europe and over 15 years with Allianz living and overseeing portfolios in Germany, France, Sweden, the United States, South Africa and Switzerland, he will bring the right level of experience and market knowledge to help build a sustainable presence for us in Europe. Mr. Brand holds a master’s degree in Economics, Marketing and Foreign Trade from the University of Rendsburg, Germany.
“I am thrilled to join the Sompo team. It is a fantastic opportunity to lead the strategy for Continental Europe, as well as build out our offering for Sompo in Europe as we continue to work towards making our sustainable growth ambitions a reality,” said Ralph Brand.
About Sompo
“Sompo” refers to Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries. Through its operating subsidiaries, Sompo is a leading global provider of commercial and consumer property and casualty (re)insurance. Sompo International Holdings Ltd. is an indirect wholly owned subsidiary of Sompo Holdings, Inc. (“Sompo Holdings”). With approximately 10,000 employees at Sompo, 75,000 employees total worldwide, entities in over 29 countries and over $36 billion in Gross Written Premiums, Sompo Holdings is one of the leading property and casualty insurance groups in the world. Sompo Holdings maintains excellent financial strength as evidenced by the ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard and Poor’s on its principal operating subsidiaries. For more information about Sompo, follow us on LinkedIn or please visit www.sompo-intl.com.
Contact
Sompo
Cara Gallagher
SVP, Marketing & Communications
Phone: + 1 917 421 4973
Email: [email protected]