Bermudian-based Sompo International Holdings Ltd has said Julian James will join the organisation to lead the London market and international insurance platforms.

Subject to regulatory approval and after a short period of transition, he will succeed. Graham Evans as the chief executive officer, London Market and International Insurance, reporting to Chris Gallagher, CEO, Sompo International Commercial P&C.

Mr Evans is retiring after almost seven years with the organisation and a lengthy career in the insurance industry.

Mr. James has almost four decades of global insurance experience and was most recently held several leadership positions in the London market, including president of Allied World’s Global Markets, CEO of the Allied World Managing Agency at Lloyd’s.

Mr Gallagher said: “We are delighted that Julian will be joining our team to lead the strategic expansion of our international insurance business. Sompo International is committed to the continued growth of our London, Bermudan and European businesses, including the recently formed European platform, SI Insurance (Europe), SA, through new products, scale and relevance to these critical markets.

“Julian’s history of developing deep and meaningful relationships with clients while driving profitable growth, successfully managing acquisitions and motivating high performing teams makes him a perfect fit for Sompo International.

“I would like to also thank Graham for his successful contributions to Sompo International and wish him the very best in his retirement.”

While Mr James said: “I am honoured to have the opportunity to make an impact on the future of Sompo International. The company’s strategic growth plans, particularly for the London, European and Bermuda markets, and its disciplined approach to underwriting and supporting its clients, make Sompo International a unique and well positioned market-leading organisation.”

John Charman, executive chairman of the board of directors, Sompo International Holdings Ltd and CEO of Overseas Insurance and Reinsurance Business, Sompo Holdings Inc, said: “I have had the privilege and pleasure of knowing Graham Evans both personally and professionally for many years.

“I would like to give my sincerest thanks to him for his significant contributions not only to our company, but to the London insurance market as well. As he begins his retirement, he should be proud of his accomplishments and the exceptional organisation that he has played such a critical role in building for us in the UK and in Europe.

“Finally, I would also like to enthusiastically welcome Julian to our great team and congratulate him on his new position. I look forward to working closely with him as we continue to evolve and expand upon the solid foundations that Graham has successfully laid.”