QBE International casualty director joins Sompo
Bermuda-based specialty re/insurer Sompo International has appointed Mike Reid as executive vice president and head of casualty. Based in London, he’ll report to Richard Housley, chief underwriting officer for international insurance.
Reid joins with over twenty years’ experience in the casualty market across broking and underwriting, including the company and Lloyd’s markets. He began his career with Willis and has held senior roles at ACE, Brit and – most recently – QBE, where he was director for international liability and a member of the executive management team for the international business.
Julian James, Chief Executive Officer, International Insurance at Sompo International, welcomed him: “Mike is the perfect fit for Sompo International; he is experienced, ambitious and entrepreneurial and joins us at a pivotal moment on our growth journey. He will lead an established team that diversifies by product and distribution, including delegated authority solutions to SMEs and an open market book focused on larger clients.
“Mike will have responsibility for building out our international casualty business, working across our operations outside of the U.S. to deliver solutions that meet the liability risks enterprises face today and to foster mutually beneficial relationships with our clients and brokers.”