Press Release
8 February 2024
Martyn Rodden Appointed as Interim Chief Executive Officer of newly rebranded MSIG UK
LONDON, 8 February 2024. Mitsui Sumitomo Insurance Company (Europe), Limited (MSI EU), the UK subsidiary of Japanese insurer Mitsui Sumitomo Insurance (MSI), today announces the appointment of Martyn Rodden as Interim Chief Executive Officer (CEO) effective immediately, subject to regulatory approval. Rodden, previously Director of Strategy & Transformation at sister company MS Amlin Underwriting Limited (MS AUL), will report into MSI’s Managing Executive Officer in the UK, Hironori Morimoto.
Martyn Rodden brings more than two decades of specialty London Market experience to the role, including over ten years in executive leadership. As a member of the Executive Committee at MS AUL, he played a vital role in developing and implementing a change in strategy that has seen the firm’s fortunes reverse over recent years. This included leading the delivery of the successful Reinsurance To Close deal in 2023, one of the largest deals of its type in Lloyd’s history.
Prior to his new role at MSI EU, Rodden spent eight years at MS Amlin, in increasingly senior roles. With a career spanning many significant London Market brands, he was previously Chief Risk Officer at Faraday Underwriting, as well as Head of Risk at Chaucer’s syndicate business.
Simultaneously, MSI EU confirms it will be changing its trading name to MSIG UK. This change ensures alignment with many of the other MSI companies in the global carrier’s international network, and comes after MSI celebrated its centenary in the UK insurance sector, earlier this week.
Hironori Morimoto, Managing Executive Officer at Mitsui Sumitomo Insurance said: “I am delighted to announce Martyn’s appointment as Interim CEO of the newly rebranded MSIG UK. Martyn has shown fantastic commitment and leadership at MS Amlin, to help return the business to profitability and become a £2bn syndicate, once again.
Martyn’s appointment is part of a new phase for MSI in the UK, reshaping a business that has predominantly focussed on supporting Japanese clients, as part of MSI’s ambitious international growth plans. The MSI network of companies provides Martyn and the team with significant opportunities to grow the business, including working with sister firms such as MS Amlin, to help develop and deliver new solutions for clients, as well as building our existing UK portfolio.”
For more information please contact the Media team:
External Communications Manager, Chris Johnson: +44 (0)7843 330 524
About Mitsui Sumitomo Insurance Company (Europe) Limited
MSIG UK is the trading name for Mitsui Sumitomo Insurance Company (Europe) Limited and is a member of MS&AD Insurance Group Holdings, one of the world’s largest non-life insurers with an overseas network of 48 countries and regions.
In the UK, through our office in London, we presently specialise primarily in providing insurance solutions for the overseas interests of Japanese companies. Through our services we provide security and safety to people and businesses, and help make a lasting contribution to our clients and communities.
We enjoy active and positive relationships with our business partners, and together we aim to fulfil both our social responsibilities and our pledge to provide the best service for our customers.