Insurance Products

GRS Technology

Insurance Products

GRS Technology

With a collaborative approach and empowered underwriters, the Sompo Global Risk Solutions (GRS) Technology team has the deep industry knowledge and technical expertise necessary to service the specialized insurance needs of clients in this dynamic sector.


Target Classes

With a collaborative approach and empowered underwriters, the Sompo Global Risk Solutions (GRS) Technology team has the deep industry knowledge and technical expertise necessary to service the specialized insurance needs of clients in this dynamic sector.

  • Electronics Manufacturing
  • IT Services or Integrators
  • Software Developers
  • Technology Hardware & Storage
  • On Demand Mobility Electronics
  • Government Contractors

Coverage Features

Guaranteed cost and alternative risk transfer mechanisms.

  • Deductibles
  • SIR
  • Retro rating plans
  • Captive programs 

Significant Capacity

We offer comprehensive coverage and significant capacity across all lines of business offered to the technology market.

  • Package Property – up to $500M AOP/$25M CAT limit when part of an integrated structure when combined with Casualty lines of business
  • Monoline Property – Capacity varies by account based on attachment and risk profile
  • General & Product Liability – $1M limit, can increase based on risk
  • Auto – $1M limit, can increase based on risk
  • Workers’ Compensation – Statutory limits
  • Umbrella (excluding Prof.) – $25M
  • Parametric Natural Catastrophe – Varies based on risk

Value Added Service

The Sompo GRS approach is to forge a long-term holistic trading partnership with each account. Instead of basing our relationship on individual products, we offer our lines of business through a multi-disciplinary team focused on a specific industry vertical.

We are committed to providing our clients with:

  • Empowered underwriters who understand the technology market and have authority at the point of sale.
  • Risk control specialists offering risk management programs tailored to the needs of technology companies.
  • Dedicated in-house claims professionals with expertise in our clients’ operations and risk exposures.
  • White glove service model and technology solutions.