LUXEMBOURG, March 27, 2025 (GLOBE NEWSWIRE) – Sompo, a prominent global supplier of commercial and consumer property and casualty (re)insurance, announced today that it has been authorized by regulatory bodies to offer primary insurance locally in Belgium and the Netherlands.
This development further expands Sompo’s commercial P&C insurance offerings and capabilities within Continental Europe, where the insurer already operates in Germany, France, Spain, Italy, and Switzerland.
Ralph Brand, President of Continental Europe Insurance, commented on the news: “Sompo has significantly expanded its presence across Continental Europe in recent years. The authorizations to offer primary insurance locally in Belgium and the Netherlands represent a major milestone for our business. We recognize that clients are increasingly seeking partners with a strong local presence and global expertise, capable of supporting them through the complex risks they face. We empower our local teams to collaborate with our clients and brokers, offering a flexible, solutions-oriented approach to foster long-term partnerships and achieve mutual success. I am eager to see our development in these two exciting markets.”
For broker and business inquiries concerning Sompo in Belgium and/or the Netherlands, please contact: Herndon Stokes, Head of Distribution & Client Relationship Management, Insurance, Continental Europe, at [email protected].
About Sompo
Sompo is a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Built on the 130-year legacy of its parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people worldwide. These experts utilize their profound knowledge and expertise to streamline and overcome complex challenges, ensuring customers experience The Ease of Expertise™.
“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, along with its consolidated subsidiaries, conducts its global property and casualty (re)insurance operations. Sompo International Holdings Ltd. is an indirect, wholly-owned subsidiary of Sompo Holdings, Inc., a leading global property and casualty group with robust financial strength, as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are traded on the Tokyo Stock Exchange.
For more information, follow Sompo on LinkedIn or visit sompo-intl.com.
Sompo UK’s insurance and reinsurance business is underwritten by Endurance Worldwide Insurance Limited, and any risks within the European Economic Area are underwritten by SI Insurance (Europe), SA. Both companies are wholly-owned subsidiaries of Sompo International Holdings Ltd. Visit sompo-intl.com to view the full status disclosure.
Sompo Contact:
Mike Jones Global Head of Media Relations M: +44 7765 901899 E: [email protected]
Alexandra Brändli VP, Marketing & Communications, Insurance, Continental Europe M: +41 79 606 04 49 E: [email protected]
