Breaking barriers in France and other markets

An electronics manufacturer seeking a multiline solution across 13 countries chose to transition from their incumbent carrier to Sompo, drawn by the underwriter's trusted relationship and Sompo’s ability to deliver consistent and compliant global insurance products and services.

  • Industry: Electronics Manufacturing
  • Line of business: GL/Casualty, D&O, EPL
  • Premium: <US $4m
  • Countries: France, Australia, Brazil, Canada, China, Hong Kong, India, Italy, Japan, Mexico, Poland, South Africa, South Korea, Spain, UK, US
  • Producing office: France

The Challenge

An electronics manufacturer needing a multiline solution across 13 countries weighed the option between staying with their incumbent carrier or following their trusted underwriter to the lesser-known Sompo, a new multinational insurance solution provider in France.

The Solution

Supported by the underwriter’s strong relationships with the client and broker, Sompo’s ability to provide consistent, compliant and comprehensive insurance products and services across all geographies played a critical role in the client’s decision to transition their program to Sompo.

Expert insight

This case is a great example of how Sompo’s Multinational platform brings stability and structure to complex, global clients. The collaboration between our underwriting teams together with Luis’ multinational expertise enabled smooth execution of a complex program to meet the client’s evolving needs.

Nicolas Lewandowski

Head of Casualty, Insurance, France

Does your business operate across borders and continents?

Speak to our Multinational experts about a convenient, consistent approach to accessing global coverage that is compliant with local regulations.