Sompo Granted Licenses to Write Major Insurance coverage in Belgium and the Netherlands

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Sompo Granted Licenses to Write Major Insurance coverage in Belgium and the Netherlands

Sompo, the worldwide supplier of economic and client property and casualty re/insurance coverage, introduced it has been granted licenses by the regulatory authorities to put in writing main insurance coverage regionally in Belgium and the Netherlands.

Sompo stated the event extends additional Sompo’s industrial P/C insurance coverage capabilities and product choices in Continental Europe, the place the insurer additionally operates in Germany, France, Spain, Italy and Switzerland.

“Sompo has grown its presence considerably throughout Continental Europe lately and the authorisations to put in writing main insurance coverage regionally in Belgium and the Netherlands present yet one more milestone for our enterprise,” commented Ralph Model, president, Continental Europe Insurance coverage.

“We all know purchasers are more and more in search of companions with native presence aligned with international experience who can assist them by all elements of the numerous and sometimes complicated dangers they face,” he stated.

For dealer and enterprise inquiries regarding Sompo in Belgium and/or the Netherlands, please contact: Herndon Stokes, head of Distribution & Shopper Relationship Administration, Insurance coverage, Continental Europe.

About Sompo

Sompo UK’s insurance coverage and reinsurance enterprise is underwritten by Endurance Worldwide Insurance coverage Ltd. and any dangers situated within the European Financial Space are underwritten by SI Insurance coverage (Europe), SA. Each corporations are wholly owned subsidiaries of Sompo Worldwide Holdings Ltd.

“Sompo” is the model beneath which Sompo Worldwide Holdings Ltd., a Bermuda-based holding firm, along with its consolidated subsidiaries, operates its international property and casualty re/insurance coverage companies. Sompo Worldwide Holdings Ltd. is an oblique wholly owned subsidiary of Japan-based Sompo Holdings Inc., one of many main property and casualty teams on the earth.

Supply: Sompo

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