Sompo international risk answers (grs) has formed a brand new crew imparting coverage to customers within the life sciences industry.
The grs existence sciences group is led by todd lauer who has joined sompo grs as senior vice chairman. Lauer brings two decades of enjoy in life sciences underwriting to sompo grs, such as leadership roles with onebeacon, chubb and cna. At onebeacon, he led a multidisciplinary crew of actuarial, claims, finance, prison, threat control, assist and underwriting specialists centered on the arena. He has also served as lifestyles sciences underwriting director for cna insurance and lifestyles sciences underwriting officer for chubb across the midwestern u.S.
He reviews to michael chang, ceo of sompo international danger answers, and is based inside the company’s chicago workplace.
The grs lifestyles sciences team will offer product legal responsibility, medical trial liability, assets, car, people’ reimbursement, environmental and merchandise related mistakes & omissions (e&o) coverage for contract research corporations, scientific trials, and scientific tool, pharmaceutical and biotechnology groups.
The crew will target small and middle marketplace existence sciences groups within the u.S., consisting of manufacturers, settlement producers and service agencies, laboratories, studies and improvement centers, and clinical monitoring and placement management companies. Sompo grs additionally serves eastern and south korean customers with operations within the america and mexico.
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