Bermudian-based Sompo International Holdings Ltd has appointed David Carter as chief underwriting officer and executive vice-president of the Sompo Global Risk Solutions strategic business unit.

Mr Carter will assume a strategic management role and will have oversight of underwriting strategies, new product innovation, and underwriting guidelines along with expense and profitability management.

He has more than 30 years of experience in the industry, specialising in middle market, specialty and financial products.

He has worked at Travelers Insurance and The Hartford Insurance Company.

Michael Chang, chief executive officer, Sompo Global Risk Solutions, said: “David’s creativity and expertise in evaluating innovative approaches to underwriting and risk management will be invaluable to the continued profitable, fast growth that Sompo GRS is expected to achieve through our integrated industry vertical model.

“In his role, David will help us continue to enhance the Sompo GRS experience, adding to our white glove service model and ultimately benefiting our clients. David’s track record of leading teams that deliver superior client service and excellent results make him an ideal fit for the Sompo GRS executive team. We are very pleased to have him join our organisation.”