Case study
Sompo delivers a timely multinational coverage solution
Sompo's seamless global collaboration leads to an expanded US property program in four additional countries.
- Industry : Manufacturing
- Line of Business: Property
- Gross Written Premium: US $1.3m
- Countries: US, Brazil, Mexico, UK, Canada, Colombia, Czech Republic
- Producing Country: US
The Challenge
An existing Sompo client reached out for assistance in extending its US property insurance program to include additional countries. The challenge was further heightened by a tight deadline and the demands of the year-end holiday season.
The Solution
The timely and seamless global collaboration between Sompo’s underwriting, issuing offices and Multinational team members in the US, Mexico and UK, resulted in the program’s implementation by the January effective date.
Our ability to expand this relationship into a multinational program is a great example of what Sompo is capable of. The follow-up and support provided by our Multinational team contributed greatly to our success in growing this relationship by meeting the client’s evolving needs.
Leesandra Andino
VP, IP Large Property Team Leader
Global coverage
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Sompo International Holdings Ltd. (Sompo) is a global specialty provider of property and casualty insurance and reinsurance, headquartered in Bermuda. Sompo companies are wholly owned subsidiaries of Sompo Holdings, Inc., whose core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. This information is descriptive only. Actual coverage is subject to the terms and conditions of the policies as issued.