Sompo hires new underwriting chief for global risk solutions
Sompo International Holdings has appointed David Carter as chief underwriting officer and executive vice president of the Sompo global risk solutions (GRS) strategic business unit.
Reporting to Michael Chang, CEO of Sompo GRS, Carter assumes a strategic management role with oversight of underwriting strategies, new product innovation, and underwriting guidelines, along with expense and profitability management.
Carter has more than 30 years of experience in the industry, specialising in middle market, specialty and financial products. He was most recently chief insurance officer at an insurtech startup, and has served at Aetna and The Hartford Insurance Company. He spent 17 years at Travelers Insurance.
Chang highlighted Carter’s creativity and expertise in evaluating innovative approaches to underwriting and risk management, and his “track record of leading teams that deliver superior client service and excellent results.”
Sompo GRS offers multi-line capabilities targeted to accounts in select industry verticals including real estate, hospitality, financial institutions, life sciences and professional services. It also serves Asian companies with operations in the US and Mexico, and offers global weather products.
