Sompo Global Risk Solutions Forms Small Business Team in U.S., Mexico

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has formed a new Sompo Global Risk Solutions (GRS) team offering insurance products to smaller businesses in the U.S. and Mexico, including its industry vertical and Asian interest accounts. The creation of the Sompo GRS Small Business team expands the company’s risk appetite to include smaller companies in the real estate, hospitality, financial institutions, professional services and life sciences industries. The team will offer a full suite of coverages, including package, property, auto, general liability, workers’ compensation, umbrella and environmental. Sompo GRS works through a network of retail brokers to offer comprehensive multi-line capabilities through cross-disciplinary teams of underwriting, claims and risk control specialists focused on select industry verticals. Sompo GRS also serves Asian clients with operations in the United States and Mexico.