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23 April 2019Insurance

Sompo International appoints Thomas Brazil as new CEO of European unit

Bermuda-based specialty re/insurer Sompo International Holdings has appointed Thomas Brazil as the new chief executive officer of SI Insurance (Europe), the company’s platform for European Economic Area (EEA) insurance business.

Brazil is currently senior vice president, and head of Europe property catastrophe reinsurance at Sompo International. Prior to joining Sompo in 2012, he was a property treaty underwriter in the European market at Aspen Re since 2007 and before that he spent five years at Aon Benfield as a reinsurance broker, also focused on Europe.

Brazil will relocate from Zurich, Switzerland to SI Insurance (Europe)’s headquarters in Luxembourg.

He assumes the role previously held by Takashi Kurumisawa, who will now join the Sompo International Office of the CEO as executive vice president transactions strategy and the Sompo International retail executive team.

In his new role, Kurumisawa will provide coordination focused on the integration into Sompo International of the remaining Sompo overseas businesses outside of Japan, a key strategic initiative for Sompo Holdings. He will be located in New York City.

Christopher Gallagher, executive director and chief executive officer of Sompo International commercial P&C, said: “I am very pleased that Thomas has assumed the role of CEO of SI Insurance (Europe). He brings to this role extensive underwriting expertise, a commercial perspective and broad pan-European experience.

"Europe is a strategic market for our commercial P&C business and SI Insurance (Europe) provides Sompo with a core foundation for additional growth in this region. Thomas will work closely with colleagues in London and across the Continent as we continue to enhance our product offerings to our EEA clients.”

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