LONDON:
Sompo on Tuesday appointed Richard “Rick” Allen as its chief underwriting officer (CUO) for its Global Markets Commercial P&C insurance business. Based in the London, Allen will work closely with the commercial P&C insurance chief underwriting officers across the UK, Continental Europe, Asia Pacific, Turkey and Brazil while ensuring congruence with Sompo’s overall underwriting strategy. He will also have oversight of the company’s underwriting governance and risk controls and set underwriting policy for Global Markets’ commercial P&C insurance business.