Sompo boosts Commercial Insurance division with two senior appointments

Sompo Japan has strengthened its Commercial Insurance division with two senior appointments: Heiko Thienenkamp as Chief Operating Officer, Commercial Business, and Hiroki Ohashi as Head of Financial Lines.

Thienenkamp and Ohashi, who both join Sompo from major international carriers and were previously based in Japan, are expected to bring valuable expertise to Sompo Japan’s Commercial Insurance business, supporting operational excellence and long-term financial growth.

Sompo said Thienenkamp will have a dual reporting line to Katsuyuki Tajiri, Chief Operating Officer of Sompo Japan, and Kenneth Reilly, Chief Executive Officer, Insurance, Asia Pacific, and Deputy President, Commercial Business, Sompo Japan.

Ohashi, meanwhile, will report to Kenta Tezen, Chief Underwriting Officer, Sompo Japan.

“With the formation of Sompo Group’s business into Sompo Property and Casualty (re)insurance and Sompo Wellbeing in February this year, Sompo Japan’s Commercial Insurance business will work even more closely with Sompo’s Overseas business to leverage its global capabilities, strengthen resilience and improve profitability under the Sompo P&C platform,” the firm added.

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The aforementioned Kenneth Reilly commented, “I am excited to welcome Heiko and Hiroki to the team. With more than 25 years of leading organisational change from the international consulting and insurance industries, I am confident Heiko will drive operational effectiveness for the Commercial business in Japan. This is just the beginning of the many developments and changes in the Japan Commercial team.”

Kenta Tezen said, “Hiroki is a perfect fit for his role with almost 20 years of Financial Lines underwriting experience in global companies and strong relationships with key distribution partners.

“I look forward to working closely with Hiroki to build a market-leading Financial Lines organisation.”

The post Sompo boosts Commercial Insurance division with two senior appointments appeared first on ReinsuranceNe.ws.

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