Insights

Tailored, Creative Solutions; Strong Investments in Underwriting Talent: Why the Wholesale Market Is Ready for Today’s Most Challenging Risks

December 9, 2022

Sompo’s SVP, Business Development, U.S. Insurance, Ben Tasse, discusses why Sompo is well poised to meet the challenges being faced by the Wholesale market in a recent Risk & Insurance article. “Individual risks have become more complicated and we have succeeded in the E&S market by having creative, solutions-oriented underwriters that partner with our brokers.”

 

He highlights that as insureds turn to the E&S market to weather tightening conditions and ever-changing risks, Sompo is investing in the talent needed to develop innovative solutions suited to the exposures companies are facing now and into the future. The company prioritizes building strong, lasting relationships with wholesale brokers to help insureds find the insurance tools they need to manage their risk.

 

“We empathize and recognize the pressure that the wholesale brokers face,” noted Tasse. “This is a relationship business – we pride ourselves in taking the time to understand our brokers and clients’ needs and working together on solutions.”

 

Read the full Risk & Insurance article.

About Sompo

Sompo Holdings Ltd. is a global specialty provider of property and casualty insurance and reinsurance, headquartered in Bermuda. Through its operating subsidiaries, Sompo writes agriculture, professional lines, property, marine, energy, casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance. Sompo companies are wholly owned subsidiaries of Sompo Holdings, Inc., whose core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. We maintain excellent financial strength as evidenced by the ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard and Poor’s on our principal operating subsidiaries. Sompo’s headquarters are located at Waterloo House, 100 Pitts Bay Road, Pembroke HM 08, Bermuda and its mailing address is Sompo, Suite No. 784, No. 48 Par-la-Ville Road, Hamilton HM 11, Bermuda.

For more information about Sompo, please visit www.sompo-intl.com.