Sompo International, a global property and casualty (P/C) re/insurer, has obtained licenses from regulatory authorities to write primary insurance in Belgium and the Netherlands. This expansion broadens Sompo’s commercial P/C insurance capabilities and product offerings within Continental Europe, where it already operates in Germany, France, Spain, Italy, and Switzerland.
“Sompo has grown its presence significantly across Continental Europe in recent years, and the authorisations to write primary insurance locally in Belgium and the Netherlands provide yet another milestone for our business,” stated Ralph Brand, president of Continental Europe Insurance. “We know clients are increasingly looking for partners with local presence aligned with global expertise who can support them through all aspects of the many and often complex risks they face.”
For brokers and businesses seeking information about Sompo in Belgium and/or the Netherlands, Herndon Stokes, head of Distribution & Client Relationship Management, Insurance, Continental Europe, can be contacted.
About Sompo
Sompo UK’s insurance and reinsurance operations are underwritten by Endurance Worldwide Insurance Ltd. Risks located within the European Economic Area are underwritten by SI Insurance (Europe), SA. Both are wholly-owned subsidiaries of Sompo International Holdings Ltd.
The “Sompo” brand encompasses the global property and casualty re/insurance operations of Sompo International Holdings Ltd., a Bermuda-based holding company, and its consolidated subsidiaries. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Japan-based Sompo Holdings Inc., one of the world’s leading property and casualty groups.
