Sompo International’s dedicated underwriters, risk control and claims teams work together to address the complex and evolving needs facing the real estate industry.
Target Clients
Focused on risks domiciled in the U.S. and Mexico, we work exclusively through retail brokers to deliver superior service to address each client’s unique risk needs. Our dedicated Real Estate team structures solutions across a range of classes within the industry:
- Real Estate Funds
- Real Estate Investment Trusts (REITs)
- Global Real Estate Service Firms
- Building Owners
- Property Managers
- Self-storage facilities
Coverage Features
- Guaranteed cost and all alternative risk transfer mechanisms (deductibles, SIR , retro rating plans and captive programs)
Significant Capacity
We take a unique approach, offering comprehensive coverage across all lines of business to the Real Estate market. We offer significant capacity in the following product lines:
- Property – up to $500M AOP / $25M CAT
- General Liability – $1M limit, can increase based on risk (admitted only)
- Package – same as Property and GL
- Auto – $1M limit, can increase based on risk
- Workers’ Compensation – statutory limits
- Umbrella / Excess Casualty – $25M
- Professional Lines – $25M
- Environmental – $25M
- Builders’ Risk – same as Property
- Surety – depending on bonding needs
- Parametric Natural Catastrophe – varies based on risk
Value Added Service
Our approach is to forge a long-term holistic trading partnership with each account, not based on individual products, rather by offering all lines of business through a multidisciplinary specialty team with a focus on one industry vertical. We are committed to providing our clients with:
- Empowered real estate underwriters who have authority at the point of sale
- Loss control resources specializing in risk management programs tailored to the needs of this client segment
- Dedicated in-house claims staff with strategic partnerships with outside counsel specializing in real estate claims
- An operations team with deep expertise that truly understands and can quickly respond to policy requests and handle