Sompo GRS Adds Carroll as Deputy Head of Life Sciences Practice in North Carolina

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Michael P. Carroll as senior vice president and deputy head of Life Sciences for Sompo Global Risk Solutions (GRS), reporting to Lisa Davis.

As a key member of the Sompo GRS senior leadership team, Carroll will be responsible for driving the continued development of the company’s Life Sciences platform. He brings more than 30 years of technical underwriting experience at Chubb to Sompo GRS.

During his tenure with Chubb, Carroll spent 19 years building and leading underwriting practices focused on serving the biotechnology and life sciences industries and served as Chubb’s subject matter expert for contract research organizations. Carroll will initially be based in Raleigh, N.C.

Sompo GRS offers multi-line capabilities targeted to accounts in select industry verticals including real estate, hospitality, financial institutions, life sciences and professional services, in addition to Asian companies with operations in the U.S. and Mexico, as well as global parametric climate and weather products. Sompo GRS services small, middle-market and large accounts across property, general liability, package, workers’ compensation, auto, umbrella and environmental lines of business and provides a client-centric white-glove service approach to each account, delivered by dedicated teams encompassing underwriting, actuarial, claims and risk control specialists.

Sompo Global Risk Solutions is part of Sompo International Holdings Ltd. (Sompo International), a global specialty provider of property and casualty insurance and reinsurance, headquartered in Bermuda. Sompo International 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.