We recognize the special risks associated with operating a railroad or working within a railroad’s right of way. We collaborate closely with our railroad industry clients to identify and mitigate a wide range of physical, operational and regulatory exposures.
Railroad businesses face complex liability exposures that require specialist industry knowledge and underwriting expertise.
Our dedicated railroad team works with a broad range of organizations across the rail sector, providing access to primary and excess programmes, railroad liability coverage and protective liability solutions.
With more than 75 years of experience, the team takes a flexible approach to underwriting and risk management, built on strong and mutually beneficial relationships.
Railroad operations face a range of complex exposures, from operational and safety risks to contractual and regulatory obligations. Our risk control specialists work alongside clients to help identify and address potential issues before they lead to losses.
This includes assessing operations, reviewing safety programmes and examining cargo handling, hazardous materials practices, contracts and agreements.
We offer the following:
Our railroad offering includes:
CLIPR coverage includes:
Claims-Made and Occurrence Forms
ISO Occurrence Forms
Sompo's railroad team brings decades of combined experience working with railroad companies and businesses that support rail operations. The team understands the unique challenges faced across the industry and works closely with clients to help manage evolving risks.
Our specialists provide a range of services and resources designed to help clients identify, assess and mitigate risks associated with freight, passenger and excursion rail operations.
Sompo's claims professionals help railroad clients respond quickly to incidents, navigate regulatory requirements and support a return to normal operations.