Bermuda-based Sompo International announced that Paul Ashworth has joined the company’s London Market Insurance platform as head of Marine Insurance, managing a diverse portfolio, including hull & liability and cargo & specie marine classes.
Ashworth has built and managed marine portfolios from both a carrier and broker perspective over his 30-year career in the London market, underwriting through both company and Lloyd’s syndicates, said Sompo in a statement. Ashworth joins the company from AXIS Capital where he had been marine manager between January 2010 and December 2017, according to his LinkedIn profile. Prior to that, he was head of cargo for Arthur J. Gallagher & Co. (July 2006 to January 2010). Among his other career roles, he also worked for Marsh between 1997 and 2006.
At the same time, Ian Keegan has been promoted to the new role of head of London Market Aerospace, Energy & Marine and will be a deputy active underwriter for Sompo International’s Syndicate 5151. Keegan joined the company in April 2016 as executive vice president, head of Aerospace in the London office where he established the company’s presence in the aerospace market in London. Previously, he launched and managed similar aviation units at Hiscox and Faraday Underwriting Ltd.
Keegan reports to Richard Housley, CUO London Market Insurance and active underwriter of Syndicate 5151.
Clifford Easton, executive vice president will continue to coordinate the Sompo International Marine & Energy business globally and will be taking on additional leadership responsibilities related to Japan interest account business in Europe.
Tom Houston has been promoted to head of Energy, London Market Insurance. Houston joined Sompo International in March 2014 as senior vice president, Energy with a focus on exploration and production and other upstream energy accounts. Previous experience includes energy underwriting at Hiscox and Catlin’s London Syndicates.
Source: Sompo International
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