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Sompo hires CAN/Hardy marine insurance veteran
Bermuda-based Sompo International has tapped marine line talent from CNA/Hardy to lead its marine and energy liability business in the London Market.
Stephen Barr will be head of marine & energy liability insurance after a stint with CNA/Hardy, where he was European head of marine insurance. He previously worked as both an underwriter and a broker with Talbot, Hiscox and Sedgwick. In 2022 he was appointed as vice chair of the International Union of Marine Insurance’s executive committee.
Paul Ashworth, head of aviation, energy and marine for the London Market, said: “Sompo International’s marine and energy insurance capability is well established and a cornerstone of our offering in the London specialty market.
“With the continued expansion of our UK business, in support of the company’s overall growth strategy, Stephen’s depth of experience and insight will be an asset as we engage in new opportunities and further develop bespoke solutions for our broker partners’ and clients’ evolving needs.”