Reinsurance News

Sompo International names Head of Asian Risk Solutions in the US

29th October 2020 - Author: Matt Sheehan

Bermuda-based specialty P&C re/insurer Sompo International has announced the appointment of Sara Gundersen as Executive Vice President, Asian Risk Solutions Segment Leader within its Sompo Global Risk Solutions (GRS) business unit.

Sompo InternationalIn this role, Gundersen will lead the strategy, underwriting, production, business and product development, expense control and profitability for the Sompo GRS US Asian Risk Solutions team.

This team focuses on large, middle and small Asian-based accounts with US operations, including the unit’s global Japanese clients.

Previously, Gundersen served as Senior Vice President – Eastern Territory, Financial Institutions and Professional Services P&C Industry Vertical Leader for Sompo GRS and Large Accounts Casualty Underwriting Manager for the Sompo GRS Asian Risk Solutions segment.

In total, she has over 20 years of experience in various underwriting and management positions in the industry, including 15 years at Chubb where she served as Vice President and leader of the middle market underwriting practice.

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Going forward, she will report to the CEO of Sompo GRS at Sompo International, Michael Chang, and will continue to be based in New York.

“We are thrilled that Sara will lead our Asian Risk Solutions business in the U.S,” said Chang.

“As one of our industry vertical leaders, she has helped to develop and strengthen client relationships in our target markets and demonstrated her ability to take an integrated approach to underwriting, claims and risk control to deliver white glove service to our clients and brokers,” he continued.

“We are excited to put Sara’s extensive underwriting and leadership experience to work on behalf of our Asian-interest accounts in the U.S.”

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