Weston is Sompo’s new hire for client growth
Bermuda market veteran Neville Weston has joined the reinsurance platform of Sompo International as head of global distribution and product development.
The Bermuda-based specialty provider of property and casualty insurance and reinsurance, said Mr Weston will report to Christopher Donelan, CEO of Global Reinsurance.
In this new role, the company said, he will be responsible for assessing, devising and implementing key client and broker distribution growth initiatives, with a focus on enhancing the reinsurance business’ underwriting deal flow and trading capabilities across all reinsurance product lines and geographies.
Mr Weston will become a member of the global reinsurance leadership team and be located in the firm’s Bermuda office.
The company said Mr Weston has more than 25 years of reinsurance business experience, joining Sompo International from Aon Reinsurance Solutions, Bermuda where he has served as vice chairman since October, 2019.
Prior to that, Mr Weston co-founded Helix Underwriting Partners, a Bermuda licensed multi-line MGA and held executive leadership and broking roles with Aeolus Capital Management and Guy Carpenter.
He graduated from Bournemouth University with a BSc. (Hons) in information systems management and earned his Associate in Reinsurance.
Mr Donelan said: “With the addition of Neville to our team, we look forward to broadening our distribution network, developing new strategic initiatives and strengthening existing partnerships.
“I’ve known Neville for many years, and I am very confident in his capabilities and extremely happy that he has joined us. His strong leadership and relationship skills coupled with a depth of experience in both underwriting and broking, across multiple product lines, will be a great asset as we continue to grow our business and deliver meaningful solutions to the markets we serve.”
Mr Weston added: “I am thrilled to join this best-in-class organisation and look forward to working alongside Chris and the rest of the global reinsurance leadership team to guide, develop and enhance Sompo International’s Reinsurance business.”
Sompo International Holdings Ltd is a global specialty provider of property and casualty insurance and reinsurance, headquartered in Bermuda.