Sompo International shakes up UK P&C leadership team

Bermuda-based Sompo International has announced a new leadership team for its UK commercial property and casualty unit.

Bob Thaker has been named CEO, commercial P&C insurance, Sompo International, UK, reporting to Julian James, CEO, global markets for Sompo International. Ian Keegan will be responsible for the London Market wholesale & specialty division and Mike Reid will lead the UK commercial lines division. Both will report into Thaker.

Thaker has also been appointed CEO of Sompo International’s UK business legal entity and Keegan appointed as its CUO, subject to regulatory approval.

James said: “Sompo International has a strong presence in the London Market and a growing footprint across the UK. With a dedicated Sompo UK leadership team, we can more seamlessly execute on our strategy and get closer to our broker partners and clients across the UK to provide solutions that are more aligned with their needs.

“We continue to simplify our structure while ensuring consistency in our underwriting appetite and risk controls across our commercial insurance businesses in global markets.”

Thaker, a veteran insurer, was CEO of Hiscox UK from 2019 to 2021 and was previously at DirectAsia, Capco and Acabai. He joined Sompo in March this year as managing director,  UK national markets.

Keegan was also at Hiscox where he worked as an aviation underwriter from 2010 to 2016 before joining Sompo as EVP, head of aerospace, energy and marine .

Reid was at Ace (now Chubb), Brit Insurance and QBE before joining Sompo as EVP and head of casualty.