Operations/tech
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He also joined Everest’s board last week as an independent director. -
The launch is part of MSI’s strategy to expand the capacity of its UK subsidiaries.
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The product provides primary and excess coverage limits up to £5mn.
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Navigating its path to global specialty growth will require operational dexterity.
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The executive said the firm had to focus time and investment on the most meaningful projects.
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The group will house a segment for specialty and benefits and another for underwriting.
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The insurer has participated on McGill and Price Forbes facilities, as well as Amwins.
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The executive said the company’s expanding capacity base would make it “more like a marketplace”.
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James Shea will lead the new Sompo P&C arm, while Yasuhiro Oba will become Wellbeing CEO.
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The organisation has released its mission for 2025 and signed a MoU with the ABI.
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Contour Underwriting is a specialty lines MGA.
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