Sompo Express

U.S. Insurance Products
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Overview

Sompo Express provides highly customized property and casualty insurance solutions to support the program business of our appointed Program Administrator (PA) and Managing General Agent (MGA) partners. 

Combining Sompo International’s deep knowledge and multiline capabilities with the product and industry expertise of our partners across the broad range of niche markets which they serve, we offer significant capacity and exceptional financial strength (group rating of A+ from A.M. Best in XV size category) to small business accounts.

Target Programs

We partner with PAs and MGAs who have established homogeneous portfolios of risk in niche markets across a broad range of target classes including general and artisan contractors, residential real estate and property owners, restaurant and fine dining associations and more. We seek partners who have established platforms to support the full policy lifecycle from initial rating and quoting to policy binding, issuance and ongoing servicing and who generate a minimum of $5M in premium.

Value Added Service

Focused on building long-term partnerships, Sompo Express brings expansive knowledge of the program markets, underwriting expertise, claims handling and account oversight to each relationship. We offer our partners:

  • A best-in-class experience backed by excellent financial strength and superior financial ratings
  • Broad licensing authority and national market access
  • Admitted and Non-Admitted capabilities
  • Dedicated and experienced in-house underwriting and claims professionals with extensive industry and product knowledge, adept at supporting complex and challenging accounts, programs and portfolios
  • Comprehensive and cost-effective litigation management through a network of strategic partnerships with top law firms, independent field adjusters and other experts maintained by our claims team
  • 24/7 claims reporting by phone or email

 

Leadership

Tom Sicard
EVP, Interim Head of Sompo Express
Tel. +1 908 376 2416

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