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Sompo International names professional lines VP

Sompo International names professional lines VP | Insurance Business UK

Sompo International names professional lines VP

Marco Serra (pictured) has been appointed as professional lines vice president at Sompo International.

The key hire joins the specialty property and casualty (re)insurer from ArgoGlobal Assicurazioni in Rome where he served as chief underwriting officer. Serra, whose more than two decades of European insurance experience also spans time spent in Spain and the UK, will be based in Sompo International’s office in Barcelona.

“Sompo International has ambitious growth plans in continental Europe, and professional lines is a key area of focus; we have grown our European professional lines book to a significant size in the last three years,” noted Richard Allen, executive vice president for professional lines in the London Market and Europe.

“As we strive to be close strategic partners to our clients, we rely on the technical expertise and knowledge of our people. All our professional lines team are industry experts, each with 15 to 20 years’ experience, so Marco’s track record and distinctive skill set make him a perfect fit.”

According to Allen, Serra will be in charge of helping profitably grow the global Bermuda-headquartered group’s professional lines book in Europe. The focus, he added, will be on professional indemnity.