Multinational

Multinational

Multinational
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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 CoordinationSompo’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.

Learn more about Sompo’s Multinational Business Unit

Meet our team

Brian Grabek

Brian Grabek

EVP, Multinational Leader

Cindy Bai

Cindy Bai

VP, Multinational Producing Office Manager

Luis Miranda Barbosa

Luis Miranda Barbosa

Head of Multinational, Insurance, Iberia

Paul Burgess

Paul Burgess

SVP, Global Head of Multinational Insurance, Claims

Jason Funnell

Jason Funnell

Head of Multinational Transformation

Fernando Gonzalez

Fernando Gonzalez

SVP, Head of Multinational Insurance Asia

Matt Hoare

Matt Hoare

Head of Multinational Insurance EMEA

Chris Pickering

Chris Pickering

SVP, Multinational

Global reach


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Hubs
  • APAC
  • EMEA
  • Japan
  • Latin America
  • North America

Resources

Capabilities


Success Stories

Property Solution

A Canada-based real estate proprietor needed locally compliant Insurance for three expansive and unique shopping centers in North America. Given the scarcity of the market options, they turned to Sompo...

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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...

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Cyber 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.

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Property 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...

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Professional 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...

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Ocean 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.

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Marine Cargo & Excess Property Insurance Solution

A Japan-based semiconductor manufacturer turned to Sompo for a multinational insurance solution despite its long-standing relationship with another carrier thanks to Sompo’s customized approach to service and ability to enhance...

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Cyber Insurance Solution

A Japan-based logistics company was looking for coverage in over 25 countries. Utilizing a collaborate approach combining global experience and local market expertise, Sompo developed a solution that closed gaps...

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Cyber Insurance Solution

After an initial unsuccessful bidding process, Sompo leveraged its second chance and deep understanding of the client’s risk management needs to develop a customized cyber solution to successfully meet the...

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Cyber Insurance Solution

A Japan-based automotive manufacturer with a tight deadline in need of coverage in multiple countries turned to Sompo for a customized cyber insurance solution in 9 countries.

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