PEMBROKE, Bermuda, Jan. 05, 2023 — Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, announced today that Paul O’Neill has been appointed President of Commercial Lines, Insurance, Asia Pacific reporting to Julian James, Sompo’s CEO, Global Markets, Commercial P&C and Daniel Neo, CEO, Asia Pacific, Sompo. He will start in the new role this month and be based in Singapore.
Mr. O’Neill will be accountable for developing and driving the strategy for Sompo’s commercial business across Asia Pacific, excluding Japan, to help meet the company’s ambitious growth goals.
Julian James, CEO, Global Markets, Commercial P&C said:
“I’m thrilled to welcome Paul to the team. With extensive international experience on both the broking and insurer side, we will rely on Paul to build out our commercial insurance capabilities in Asia Pacific, with a focus on profitable growth and collaboration across our organisation to bring the highest quality products and services that best meet client and broker needs.”
Daniel Neo, CEO, Asia Pacific, Sompo added:
“I’m looking forward to working together with Paul to leverage the strength of Sompo for the benefit of our clients and brokers across the Asia Pacific region. I am confident that the team here will benefit from his rich and extensive experience in specialty insurance and leadership.”
Mr. O’Neill most recently held the role of CEO for AsiaPac at Howden Specialty. Prior to that, he was Chief Underwriting Officer Specialty at AGCS and Member of the Board of Management. He began his career as a Chemical and Risk Assessment Engineer and moved into underwriting roles in Marine and Energy with global responsibility.
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]
