Sompo International Holdings Ltd., a Bermuda-based specialty property and casualty re/insurer, announced that Julian James will soon join the organization to lead the London market and international insurance platforms.
Subject to regulatory approval and after a short period of transition, James will succeed Graham Evans as the chief executive officer, London Market and International Insurance. Evans will be retiring after almost seven years with the organization and a lengthy career in the insurance industry.
James will report to Chris Gallagher, chief executive officer, Sompo International Commercial P&C.
James joins Sompo International with extensive global insurance experience that spans almost four decades. Most recently, he held several leadership positions in the London market, including president of Allied World’s Global Markets and CEO of the Allied World Managing Agency at Lloyd’s.
Before that, he was CEO of Lockton International, where he also served as chairman of the board of the International Group and CEO of the U.K.-regulated entity. In addition, he served on the council of Lloyd’s until January 2019. Currently he is a member of the Lloyds’s Market Supervision and Review Committee.
Prior to the council of Lloyd’s, James began his career in broking at Sedgwick and Marsh in 1981 before joining Lloyd’s of London in 1997, where he led the market’s international network. During this time, he was responsible for growing the Lloyd’s presence in key global markets as well as managing high-level strategic relationships with brokers around the world.
“We are delighted that Julian will be joining our team to lead the strategic expansion of our international insurance business,” commented Gallagher. “Sompo International is committed to the continued growth of our London, Bermudan and European businesses, including the recently formed European platform, SI Insurance (Europe), SA, through new products, scale and relevance to these critical markets.”
Gallagher thanked Evans for his successful contributions to Sompo International and wished him the best in his retirement.
Commenting on Evans’ retirement, John Charman, executive chairman of the board of directors, Sompo International Holdings Ltd., and chief executive officer of Overseas Insurance and Reinsurance Business, Sompo Holdings, Inc., said: “I have had the privilege and pleasure of knowing Graham Evans both personally and professionally for many years. I would like to give my sincerest thanks to him for his significant contributions not only to our company, but to the London insurance market as well.”
“As he begins his retirement, he should be proud of his accomplishments and the exceptional organization that he has played such a critical role in building for us in the U.K. and in Europe,” Charman continued. “Finally, I would also like to enthusiastically welcome Julian to our great team and congratulate him on his new position.”
“I am honored to have the opportunity to make an impact on the future of Sompo International,” James said. “The company’s strategic growth plans, particularly for the London, European and Bermuda markets, and its disciplined approach to underwriting and supporting its clients, make Sompo International a unique and well positioned market-leading organization.”
Source: Sompo International
Topics Europe Excess Surplus London Lloyd's
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