Sompo International Holdings Ltd. (SI), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Christopher Gallagher has been promoted to the newly created role of chief executive officer of SI Commercial P&C.
Gallagher joined Sompo International in September 2015 as chief risk officer and group actuary. Prior to joining Sompo International, he held a similar role at AXIS Capital and previously served as a consultant with Ernst & Young LLP, providing insurance and actuarial advisory services in the London insurance market.
He started his career in the insurance and reinsurance industry in 1996 after attaining a Bachelor of Science degree in Mathematics and Statistics from the University of Glasgow. Gallagher is a Fellow of the Institute and Faculty of Actuaries in the UK.
Based in Bermuda, Gallagher reports to Nigel Frudd, chief executive officer of Sompo International and senior executive vice president and chairman of overseas M&A for Sompo Holdings.
The SI Commercial P&C executive leaders who currently report to Frudd will now report to Gallagher.
“Chris brings global experience and a commercial perspective which will serve us well given the many challenges that our industry faces and which continue to evolve,” commented Frudd. “Chris, along with Recai Dalas, who was recently promoted to chief executive officer of Sompo International’s retail business focused primarily on personal lines products, will be critical to leading Sompo International to become an even stronger global partner for our clients around the world.”
The SI Commercial P&C business represents approximately $7 billion in shareholder’s equity, $6 billion in annual gross written premiums and over 2,000 employees globally.
Source: Sompo International Holdings Ltd
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