Multinational
Overview
Leveraging an extensive global network, country level expertise, innovation and technology
Sompo’s Multinational Business Unit offers companies with business operations in multiple countries an industry-leading platform for managing risk. Leveraging licensing capabilities from Sompo companies around the world and a growing network of third-party partners, our Multinational platform offers a convenient, consistent approach to accessing global coverage that is compliant with local regulations in 150 countries.
Target Clients
Sompo defines multinational business as meeting the risk management needs of clients who must manage the transfer of risk or premium dollars and claims payments across country borders. Typically, this includes the following business profiles:
- Clients with a Controlled Master Program (CMP) in their home country and at least one local underlying insurance policy in another country
- Global clients in need of stand-alone local policies, issued separately in each country, but not tied into a CMP
- Sompo’s Japanese clients with interests outside of Japan
Our Approach
With hubs in the U.S., Europe, UK, Mexico, Singapore and Japan, our integrated global Multinational platform makes it easier for clients with global operations to access the commercial property and casualty coverage they need through a single point of contact.
- Local Knowledge – Sompo’s Multinational Business specialists understand how to navigate the complex regulatory and financial environments in 150 local jurisdictions around the world.
- Unparalleled Ability to Serve Japanese and Other Asian Clients – Established by one of the top three carriers in Japan, we have the unique ability to understand and service the risk management needs of Japan- and other Asian-based clients operating in markets around the world.
- A Consistent Approach – We can coordinate Master Programs and stand-alone policies in multiple countries with different forms, currencies, and regulatory environments.
- Handpicked Network Partners – Our growing network of Sompo local subsidiaries and third party insurance companies can write local policies in key insurance markets around the world.
- Global Underwriting Expertise – We have the underwriting expertise and experience needed to properly assess risk in multiple countries across the lines of business we provide, including Property, General Liability, Marine, Directors & Officers Liability, Errors & Omissions, and Cyber.
- Global Claims Coordination – Sompo’s in-house Multinational Claims team works closely with our underwriting teams and network partners to coordinate claims handling and ensure fair outcomes for each of our insureds.
- A Single Operational Platform – We are building an industry-leading platform offering the tools clients need to manage multinational business, including policy issuance, data and analytics, client servicing and local market intelligence in countries around the world.
Meet our team
Brian Grabek
EVP, Multinational Leader
Cindy Bai
VP, Multinational Business, UK
Luis Miranda Barbosa
Head of Multinational Insurance, Iberia
Paul Burgess
SVP, Global Head of Multinational Insurance, Claims
Jason Funnell
Head of Multinational Transformation
Fernando Gonzalez
SVP, Head of Multinational Insurance Asia
Matt Hoare
SVP, Head of Multinational Insurance EMEA
Chris Pickering
Senior Vice President, Multinational
Global reach
Hubs
- APAC
- EMEA
- Japan
- Latin America
- North America
Resources
Capabilities
Insights
Success Stories
Crop Insurance Solution
A global food processing company balances and navigates the complexities of local government, local crop producers and international business requirements by leveraging Sompo’s Multinational network to find a fully compliant...
Learn More Learn MoreCyber Insurance Solution
A Japanese gas production company in need of a global cyber insurance program puts the promise of Sompo’s integrated global platform to the test.
Learn More Learn MoreProperty Solution
When a U.S. manufacturer struggled to mitigate risks at its Mexico location, Sompo’s Risk Control and Multinational specialists helped them implement a plan to manage their exposures – an approach...
Learn More Learn MoreProfessional Lines Solution
A Germany-based client faced with a tight deadline for securing EPLI coverage for its U.S. operation finds a tailored solution with the help of our Professional Lines and Multinational teams...
Learn More Learn MoreOcean Marine Solution
A broker faced with a complex Ocean Marine risk finds a tailored solution to address a client’s needs in multiple countries through the nimble response of our Multinational team.
Learn More Learn More