MSIG's UK subsidiary announces interim CEO

Company launches strategic rebranding initiative

MSIG's UK subsidiary announces interim CEO

Insurance News

By Roxanne Libatique

Mitsui Sumitomo Insurance Company (Europe), Limited (MSI EU) – a subsidiary of the Japanese insurance giant Mitsui Sumitomo Insurance (MSI) – has announced the appointment of Martyn Rodden (pictured) as the interim CEO of its UK operations, now known as MSIG UK.

Rodden’s appointment, effective immediately, is pending regulatory approval. He transitions to this role from his previous position as director of strategy & transformation at MS Amlin Underwriting Limited (MS AUL) and will report to Hironori Morimoto, MSI’s managing executive officer in the UK.

Who is Martyn Rodden?

Bringing over 20 years of experience in the specialty London Market, Rodden (pictured) has spent more than a decade in executive leadership roles. His tenure on the executive committee at MS AUL was marked by significant contributions to strategic changes that led to the firm’s recent successes. Notably, he oversaw the Reinsurance To Close deal in 2023, described as a landmark transaction in Lloyd’s market history.

Before his latest appointment at MSI EU, Rodden held progressively senior positions at MS Amlin for eight years and has a rich background with prominent London Market entities. His prior roles include chief risk officer at Faraday Underwriting and head of risk at Chaucer’s syndicate business.

Rebranding

In conjunction with Rodden’s appointment, MSI EU revealed its rebranding to MSIG UK, aligning its name with other MSI entities worldwide. This rebranding follows MSI’s centennial celebration in the UK insurance sector earlier in the week.

Commenting on the appointment, Morimoto highlighted Rodden’s instrumental role in MS Amlin’s return to profitability and its growth into a £2 billion syndicate.

“I am delighted to announce Martyn’s appointment as interim CEO of the newly rebranded MSIG UK,” he said. “Martyn’s appointment is part of a new phase for MSI in the UK, reshaping a business that has predominantly focussed on supporting Japanese clients, as part of MSI’s ambitious international growth plans.

“The MSI network of companies provides Martyn and the team with significant opportunities to grow the business, including working with sister firms such as MS Amlin, to help develop and deliver new solutions for clients, as well as building our existing UK portfolio.”

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