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Sompo appoints Alessandrea Quane as CEO, International Markets

MWN-AI** Summary

Sompo International Holdings Ltd., a premier global provider of property and casualty insurance and reinsurance, has appointed Alessandrea (Alessa) Quane as the new Chief Executive Officer (CEO) of its International Markets division, pending regulatory approval. This strategic move, announced on September 18, 2025, underscores Sompo's commitment to enhancing its global insurance operations beyond North America and Japan.

Reporting directly to James Shea, CEO of Sompo P&C, Ms. Quane will oversee commercial and consumer insurance activities across key regions including the UK, Continental Europe (including Turkey), Brazil, and Asia Pacific (excluding Japan). James Shea expressed excitement about her appointment, highlighting her broad experience and proven success in the insurance sector as essential for leading Sompo’s overseas businesses and exploring new growth opportunities.

With over three decades of experience in the insurance industry, Alessa Quane has forged a remarkable career, having worked in various roles around the globe, including in the United States, UK, Germany, and France. She began her career as an actuary and has held significant positions such as the global Corporate Chief Actuary and Chief Risk Officer. Prior to joining Sompo, Ms. Quane was employed as the Chief Insurance Officer at the U.S. healthcare insurer Oscar Health and served as an Independent Director on the board of AXA XL Bermuda, Ltd.

Sompo operates under the brand that emphasizes expertise and innovation, reflecting its 135-year heritage in the industry. The company maintains a strong financial foundation, as evidenced by its A+ ratings from A.M. Best and Standard & Poor’s. With Ms. Quane at the helm of the International Markets division, Sompo aims to further its mission of providing tailored insurance solutions worldwide.

MWN-AI** Analysis

The recent appointment of Alessandrea Quane as CEO of Sompo International Markets represents a strategic move for the company and an investment opportunity worth considering. With over 30 years of extensive experience in the global insurance landscape, Quane is well-equipped to lead Sompo's operations outside of North America and Japan, including significant markets such as the UK, Europe, Brazil, and the Asia Pacific region.

Her strong background as a former Chief Insurance Officer at Oscar Health and an Independent Director at AXA XL Bermuda indicates a depth of knowledge in both corporate governance and market strategy, which could be invaluable in enhancing Sompo’s international capabilities. Given that Sompo has delivered consistent financial strength and is rated A+ by A.M. Best and Standard & Poor's, Quane's appointment is likely to further bolster investor confidence in the company’s growth trajectory.

Investors should pay attention to how Quane plans to expand operations, particularly in emerging markets within Asia-Pacific and Brazil, which are projected to see rising insurance demand due to economic growth and increased awareness of risk management. Furthermore, her experience navigating various regulatory environments could help Sompo mitigate operational risks and capitalize on potential market entry opportunities, enhancing profitability.

Overall, Sompo Holdings, Inc.'s strong financial foundation, combined with Quane's leadership and expertise, positions the company favorably in the competitive insurance space. The strategic focus on expanding its international markets could yield significant returns for investors in the medium to long term. As such, it may be prudent to consider adding Sompo to one's investment portfolio, especially if the regulatory approval for Quane’s appointment is secured swiftly and positively.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

PEMBROKE, Bermuda, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Alessandrea (Alessa) Quane as Chief Executive Officer (CEO) International Markets, subject to regulatory approval.

Effective immediately and reporting directly to James Shea, CEO, Sompo P&C, Ms Quane will be responsible for managing and overseeing Sompo’s Commercial and Consumer Insurance operations outside of North America and Japan. The regional management of the United Kingdom, Continental Europe (including Turkey), Brazil and Asia Pacific (excluding Japan) will report directly to Ms Quane.

Mr Shea said: “I am delighted to welcome Alessa to Sompo. She is an outstanding insurance professional with a depth and range of experience across many aspects of the industry. Alessa is a highly respected leader with a proven track record of delivering results. Her international experience, financial diligence and history of working across many regulatory environments make Alessa the perfect choice to lead these critical businesses as well as exploring new opportunities to expand and deliver on our commitments to Sompo Holdings.”

Ms Quane joins Sompo with more than 30 years of insurance industry experience having lived and worked in the United States, United Kingdom, Germany and France. Starting her career as an actuary she has worked closely with all lines of business across global portfolios in a variety of roles including global Corporate Chief Actuary and Chief Risk Officer roles. Most recently Ms Quane was Chief Insurance Officer at US healthcare insurer Oscar Health and was an Independent Director on the board of AXA XL Bermuda, Ltd.

About Sompo

We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 135 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise .

“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.

To learn more please follow us on LinkedIn or visit sompo-intl.com .

*Sompo UK’s insurance and reinsurance business is underwritten by Endurance Worldwide Insurance Limited and any risks located in the European Economic Area are underwritten by SI Insurance (Europe), SA. Both companies are indirect wholly owned subsidiaries of Sompo International Holdings Ltd. Please visit sompo-intl.com to view the full status disclosure.

Sompo Contact
Mike Jones
Global Head of Media Relations
M: +44 7765 901899
E: mijones@sompo-intl.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ce5ba7c2-cdfb-4b32-a05b-50ebccd2708a


FAQ**

How does the appointment of Alessandrea Quane as CEO of International Markets align with Sompo Holdings Inc NHOLF's strategic objectives for global expansion?

Alessandrea Quane's appointment as CEO of International Markets aligns with Sompo Holdings Inc NHOLF's strategic objectives for global expansion by leveraging her extensive expertise to enhance market penetration, innovate offerings, and strengthen global partnerships.

What specific new opportunities does Sompo Holdings Inc NHOLF intend to explore under Ms. Quane's leadership in international markets?

Under Ms. Quane's leadership, Sompo Holdings Inc NHOLF intends to explore opportunities in expanding digital solutions, enhancing customer engagement, and leveraging strategic partnerships in international markets to drive growth and innovation in the insurance sector.

How might Ms. Quane's extensive experience with various regulatory environments benefit Sompo Holdings Inc NHOLF's operations outside North America and Japan?

Ms. Quane's extensive experience with diverse regulatory environments can enhance Sompo Holdings Inc. NHOLF's compliance, risk management, and operational efficiency in regions outside North America and Japan, enabling the company to navigate local markets more effectively.

In what ways will Ms. Quane's appointment influence Sompo Holdings Inc NHOLF's approach to innovation in the commercial and consumer insurance sectors?

Ms. Quane's appointment is likely to catalyze a focus on digital transformation and customer-centric innovation at Sompo Holdings Inc NHOLF, enhancing agility in adapting to emerging technologies and changing consumer needs in the commercial and consumer insurance sectors.

**MWN-AI FAQ is based on asking OpenAI questions about Sompo Holdings Inc (OTC: NHOLF).

Sompo Holdings Inc

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