In a recent interview with Advisen, Michael Chang, CEO of Sompo GRS, discusses his team’s successes, their unique approach to business, and the importance of demonstrating leadership, strength, and skill as insurers navigate the challenging economy.
Sompo GRS will finish this year with over a billion dollars in premium, an achievement Chang attributes to a talented team and a unique, integrated structure. “We have underwriting, claims, catastrophe modeling, risk control and all other key components across the industry verticals we serve. It’s not a siloed approach – it’s a one-team approach to executing on the business.”
He also notes that embracing the goals of diversity and inclusion figures prominently into the way Sompo GRS differentiates itself in the market. He says, “I believe that I have to lead by example, as one of the very few people of color in a senior leadership role. People want to see action and that means changing the way things look at the top.”