Insights

Sompo Spotlight Series: Meet Maryann DelRio, Vice President Excess Casualty

October 18, 2022

 

Meet Maryann DelRio, Vice President Excess Casualty

 

Please tell us about your career journey and your path to Sompo.

I started in the Insurance industry in June 1991, as a trainee at Aetna Property & Casualty. They had a rigorous training program that I continue to be grateful for to this day. After completing their program, I was a multiline casualty underwriter, writing package policies for small business. I left Aetna to join Crum & Forster and this is where I began to specialize in Excess Casualty. After Crum & Forster, I joined Reliance National, writing middle market to large excess casualty. Unfortunately, Reliance National lost their rating and ceased writing business. That’s when I joined AIG’s Commercial Excess team, writing larger middle market excess. Soon after I joined that team, I was asked to help start up the small business unit in Berkley Heights, New Jersey. This was also my first opportunity to run a team of underwriters. I left AIG to join XL’s Excess Casualty team, where once again I wrote middle market & large excess. I found I wanted to focus on lead umbrella, so I took advantage of an opportunity to work for Travelers, and initially ran the New York metro team. I was later given the opportunity to rebuild the Northeast team, which was a challenge I enjoyed. After Travelers, I found another startup opportunity with Torus National. I started the Eastern Regional team and was the 33rd employee of the company. Startups can be a little risky, and Torus was sold. This was when I was provided the opportunity to join Sompo. Patricia Calderon was running the Eastern region at the time. Patricia and I met when we both worked at AIG and we remained friendly through the years. I jumped at the chance to work with Patricia again. Not long after I joined the team, Patricia was promoted to Business Unit Leader and I was given the opportunity to run the Eastern team. And here we are!

 

What advice do you have for prospective Sompo candidates?

Having experienced working for several companies, this is a very unique culture. It’s a strong culture of collaboration, opportunity and entrepreneurship. Embrace it.

 

Tell us about an initiative at Sompo that you are most excited for in 2022.

I am excited about One Sompo! It’s an opportunity to further collaborate with other members of the team and increase my internal network. I’m looking forward to the opportunities this brings.

 

I am also excited about our Diversity & Inclusion initiative. Having been a member of the Association of Professional Insurance Women for several years, it is important to me that women are supported in the workplace. I was grateful to participate in a recent focus group conducted by the Sompo Inclusive Diversity Council discussing women’s experience in the workplace at Sompo.

 

What is your idea of a perfect day outside of the office?

My perfect day would start with a good walk on one of the many rail trails found around my home in New York’s Hudson Valley. Then, enjoying a relaxing rest of the day with my husband, our dog, family members and friends.

 

About Sompo

Sompo Holdings Ltd. is a global specialty provider of property and casualty insurance and reinsurance, headquartered in Bermuda. Through its operating subsidiaries, Sompo writes agriculture, professional lines, property, marine, energy, casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance. Sompo companies are wholly owned subsidiaries of Sompo Holdings, Inc., whose core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. We maintain excellent financial strength as evidenced by the ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard and Poor’s on our principal operating subsidiaries. Sompo’s headquarters are located at Waterloo House, 100 Pitts Bay Road, Pembroke HM 08, Bermuda and its mailing address is Sompo, Suite No. 784, No. 48 Par-la-Ville Road, Hamilton HM 11, Bermuda.

For more information about Sompo, please visit www.sompo-intl.com.