Bermuda-based specialty insurer Sompo International Holdings Ltd. reported that Steven E. Grippo has joined Sompo Pro as senior vice president where he will lead the unit’s U.S. Architects & Engineers practice.
Grippo brings to Sompo nearly 30 years of experience as a professional liability underwriter serving architects, engineers, design professionals and complementary areas. He joins the company from AIG’s Lexington Insurance Co., where he served as product line manager responsible for underwriting the company’s Architects & Engineers Professional Liability business in the Northeast U.S., Canada, CorRisk SME segment and national branch wholesale platform. He also led Lexington’s Architects & Engineers risk management service offerings.
Prior to AIG, Grippo served as Employment Practices & Fiduciary Liability product line leader for Travelers Casualty & Surety’s Boston office and as a senior bond underwriter for Aetna Property & Casualty.
He reports to Daniel Wadley, executive vice president, Sompo Pro, and is based in the company’s Boston office.
Sompo Pro’s Architects & Engineers practice targets products for architects, engineers, interior designers, landscape planners, agency and at-risk construction managers, in addition to writing coverage for heavy structural, soils, geotechnical and environmental risks.
Source: Sompo International
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