sompro brochure 0818 - sompo internationalreinsurance capabilities in addition to our insurance...

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SomPro Offering a broad range of financial and professional lines insurance and reinsurance solutions delivered by industry leading specialists around the world

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Page 1: SomPro Brochure 0818 - Sompo InternationalReinsurance Capabilities In addition to our insurance products, we off er signifi cant ... 11/19 About Sompo International Sompo International

SomPro

Off ering a broad range of fi nancial and professional lines insurance and reinsurance solutions delivered

by industry leading specialists around the world

Page 2: SomPro Brochure 0818 - Sompo InternationalReinsurance Capabilities In addition to our insurance products, we off er signifi cant ... 11/19 About Sompo International Sompo International

Why SomPro?Industry Leading TalentWith more than 100 dedicated underwriters and claims professionals in key (re)insurance markets around the world, we bring specialized expertise in the fi nancial and professional lines products and industries where we focus. Our seasoned SomPro teams are empowered with broad underwriting authority to address the unique needs of each client. In addition, our senior executives bring a long-term perspective on the fi nancial and professional lines space based on decades of experience in this market.

Global Reach

We benefi t from the global licensing capabilities of our parent company, Sompo Holdings, Inc., which has 45 licensed entities in 30 countries and is one of the largest P&C insurance companies in the Japanese market. In addition to our own broad licensing capabilities, we also underwrite risks in Europe, Australia, Canada and via our Lloyd’s syndicate.

Dedicated Claims ProfessionalsOur dedicated in-house professional lines claims team is comprised of seasoned attorneys with extensive industry and product knowledge gained as both private practitioners and claim professionals. We know that professional liability claims can have signifi cant impact on our insureds’ reputational and fi nancial health. In addition to responsive claims handling, we work in partnership with our clients, brokers and underwriters to provide insight into claims trends and emerging risks throughout the account lifecycle.

Multiple Underwriting Platforms We off er both admitted and non-admitted underwriting options in the U.S., and in Europe we underwrite through our London-based and European subsidiaries as well as through our Lloyd’s syndicate, which provides us with access to key insurance markets around the world.

Flexible Policy FormsSompo International off ers a broad range of insurance coverage options on both a primary and excess basis to public companies, private companies and not-for-profi ts, tailored to each account’s risk profi le. Our modular forms off er fl exible policy formats, and we also off er manuscript policy forms for complex risks.

Reinsurance CapabilitiesIn addition to our insurance products, we off er signifi cant capacity for excess of loss and proportional reinsurance programs across a full spectrum of professional lines programs, including directors and offi cers’ liability and related products, all lines of professional indemnity, medical malpractice liability, and many classes of errors and omissions coverage. We seek to lead programs with partners who demonstrate sound management practices and eff ective underwriting, pricing, risk management and claims processes.

Sompo International underwrites approximately $1 billion in Gross Written Premiums globally across our SomPro teams.

Page 3: SomPro Brochure 0818 - Sompo InternationalReinsurance Capabilities In addition to our insurance products, we off er signifi cant ... 11/19 About Sompo International Sompo International

Extensive Suite of Insurance ProductsSomPro delivers significant capacity ($50M per product for most lines) across a broad range of market leading professional lines insurance products, written on both a primary and excess basis.

SomPro

Management Liability We offer management liability coverage to public and private companies and not-for-profits across all industry sectors. Specialized products include:• Directors & Officers• Side A/DIC Coverage• Employment Practices Liability• Fiduciary/Pension Trust Liability

• Comprehensive Crime• Private Company Policy• Not-for-Profit Policy• Public Offering of Securities

Professional Indemnity We offer insurance to a broad range of professional service classes with tailored coverages including:• Miscellaneous Errors & Omissions• Lawyers/Solicitors Professional Liability• Architects & Engineers Liability• Design & Construct Liability• Accountants Professional Liability

• Insurance Services Liability• Technology E&O Liability• Media Liability• Surveyors Liability• Project Specific Policies

Cyber Sompo International offers a broad array of first and third party liability coverages and endorsements tailored to business of all sizes and across industries, including:• Network Security, Privacy and

Media Liability• Regulatory Proceedings (Fines & Penalties)• Privacy Breach Costs

• Business Income Loss/ Contingent Business Income Loss

• Digital Assets Loss• Cyber Extortion Threat and Reward Payments

Financial Institutions We offer specialized products for traditional financial institutions, hedge funds, private equity funds, real estate funds, BDCs, REITS and other alternate asset managers, including:• Professional Liability• Public & Private Directors & Officers and Side-A• Employment Practices Liability• Fiduciary Liability• Comprehensive Crime

• Pension Trust Liability• Alternative Investment Professional Policy• Private Equity/Venture Capital Policy• Investment Advisor/Mutual Fund Policy• Public Offering of Securities

Transaction Risk Sompo International provides specialized first and third party coverage to protect parties on either side of a merger or acquisition (M&A) transaction including:• Buyer-side W&I Insurance• Seller-side W&I Insurance

• Seller-induced Buyer-side W&I Insurance• Tax Liability Insurance (TLI)

Page 4: SomPro Brochure 0818 - Sompo InternationalReinsurance Capabilities In addition to our insurance products, we off er signifi cant ... 11/19 About Sompo International Sompo International

To learn more, visit us at: www.sompo-intl.com

FOR MORE INFORMATION, PLEASE CONTACT:

Christopher Donelan, CPCU, AReChairman of SomProDeputy CEO for Global Reinsurance, Chairman of North America Reinsurance and CUO of Global Casualty ReinsuranceT +1 212 471 5531E [email protected] Richard AllenExecutive Vice President,Professional LinesLondon Market & EuropeT +44 (0) 20 7337 2936E [email protected] SpalloneSenior Vice President,Commercial Management LiabilityT +1 212 471 5548E [email protected] GeekieSenior Vice President,Professional LinesBermuda InsuranceT +1 441 278 0434E [email protected] GowGlobal Cyber Product LeaderT +1 914 468 8059E [email protected] Hyland Senior Vice President, Head of Professional Liability Reinsurance, Americas T +1 646 867 7306 E [email protected] NakashimaVice President, Strategy & Integration Insurance Executive Sompo Japan Insurance Inc.T +1 646 677 8721E [email protected] Dan WadleyExecutive Vice President, Sompo ProU.S. InsuranceT +1 908 376 2420E [email protected] ■ Sompo Group Operations

11/19

About Sompo InternationalSompo International Holdings Ltd., a global specialty provider of property and casualty insurance and reinsurance, underwrites 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 International is a wholly owned subsidiary of Sompo Holdings, Inc., whose core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market.

Our Financial Strength Sompo International’s operating subsidiaries have balance sheets comprising high quality assets and excellent liquidity. We maintain ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. In addition, we are part of Sompo Holdings, Inc., which holds more than $100 billion in total assets.

About Sompo HoldingsSompo Holdings, Inc. (Sompo) has an extensive global footprint with nearly 80,000 employees in 228 cities in 30 countries across 6 continents. Sompo’s broad licensing capabilities, diverse products and distribution networks, and market leading technology make Sompo a preferred partner for clients around the globe.

Our Global ReachSompo operates across 45 licensed entities in 30 countries.

SomPro