Sompo International launches operation in Spain
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Sompo International said Monday it will launch a new European specialty insurance underwriting operation based in Barcelona, Spain, initially focused on management liability, professional indemnity and financial institutions lines of business.
Pembroke, Bermuda-based Sompo, a unit of Tokyo-based Sompo Holdings Inc., which is a specialty property/casualty insurer and reinsurer, said in its statement that Executive Vice President Thomas Mannsdorfer will lead the new team, which will partner with brokers across continental Europe.
Senior Vice President Mathieu Borneuf will also work in the operation, said Sompo in its statement.
Mr. Manssdorfer joined Sompo International from ANV Global Services, a specialty lines provider in London and Barcelona, while Mr. Borneuf joined the company from Navigators Insurance Co., where he established and was head of management and professional liability for continental Europe as well as Paris branch manager, according to the statement.
Messrs. Mannsdorfer and Borneuf will be based in Barcelona.
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