Sompo International
ID: 101011
Type:
Reinsurer | Traditional
Line of business
Aviation
Product type:
Aviation & Space
MoreParent:
Sompo International
Limit:
Varies
Attachement/Retention:
Varies
Form:
Proportional and Excess of Loss Treaty
Notes:
Sompo International has offered reinsurance for Aviation and Space risks from our Bermuda platform since 2002. We provide a broad range of proportional and non-proportional treaty protection across all aviation lines including coverage for airlines, manufacturers, airport operators, general aviation and space risks.
Our extensive database of historical aviation and space claims and program structures, coupled with our specialized industry knowledge and claims handling expertise, enables us to provide our clients with customized risk management solutions.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Healthcare
Product type:
Healthcare Liability
MoreParent:
Sompo International
Target Industry:
Large integrated delivery systems including multi-hospital systems, academic medical centers and pediatric and other specialty hospitals
Limit:
$25M/$25M Maximum Capacity (for med mal)
Attachement/Retention:
Account Specific
Form:
Medical Professional Liability on lead or excess basis, with ability to provide integrated coverages for not-for-profit, D&O, EPL, Fiduciary and Cyber Liability on excess & follow form basis.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Marine and Energy
Product type:
Marine & Energy
MoreParent:
Sompo Internationalm
Limit:
Varies
Attachement/Retention:
Varies
Form:
Proportional and Excess of Loss Treaty
Notes:
Sompo International’s seasoned Marine & Energy underwriters offer traditional and specialized reinsurance products to brokers and their clients with a focus on hull, cargo, liability, offshore energy and other specialized marine lines.
We forge long term partnerships through a deep understanding of our clients’ issues and working together, provide solutions that best fit their needs. It is this dedication that enables us to exceed expectations and build a reputation based on quick and efficient delivery and the settlement of claims in a timely fashion.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Media
Product type:
Media Liability
MoreParent:
Sompo International
Target Industry:
Publishers, broadcasters, and other media-related firms
Limit:
$10M
Attachement/Retention:
$100M
Notes:
Excess security and privacy coverage including media and all liability and first party coverage such as data breach expense, business interruption and cyber extortion.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Program Insurance
Product type:
Multi-Line or Integrated Programmes
MoreParent:
Sompo International
Target Industry:
US and International Financial Institutions and Commercial Companies
Limit:
$25M aggregate (additional limit of $25M may be available for Casualty)
Notes:
Cover for all US and International risks under single excess follow form policy with the option of combining two or more coverages: Directors and Officers, Employment Practices, Fiduciary Liability, Crime, Errors and Omissions, Cyber, General/Products Liability.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Property
Product type:
Direct & Facultative Property
MoreParent:
Sompo International
Target Industry:
U.S. domiciled Fortune 2000 accounts with U.S. Regional, U.S. Nationwide and Worldwide exposures across all commercial and industrial sectors, with the exception of Energy risks.
Limit:
$50M
Attachement/Retention:
Varies by client risk profile. Generally attaching above an attritional level.
Form:
Quota Share, Primary or Excess
Notes:
Flexibility of approach to look at QS, Primary or Excess.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Property
Product type:
Property Per Risk
MoreParent:
Sompo International
Limit:
$30M
Attachement/Retention:
Varies
Notes:
Sompo International offers proportional and excess property reinsurance of residential, commercial and industrial exposures through teams in the United States, Europe and Asia. With disciplined underwriting and meaningful capacity, our committed property specialists partner with clients on a worldwide basis to provide long term solutions for solvency protection, volatility and capital management.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Casualty
Product type:
General Liability
MoreParent:
Sompo International
Target Industry:
U.S. Fortune 1000 and international companies with specialties in the followingæ areas:
– Chemical manufacturing
– Transportation, including commuter and freight railroads and trucking
– Energy and utilities
– Diversified industrial, including general manufacturing, premises, financial institution and technology risks
– Pharmaceuticals and medical devices
– Residential and commercial construction, including OCIPs and CCIPs
Limit:
$25M
Attachement/Retention:
$25M
Form:
Excess Follow Form Occurrence, Claims Made or Occurrences Reported. Ability to consider and draft bespoke policy forms.
Notes:
Excess liability limits, attachment and form will depend on industry segment and individual risk profile. All policy forms have the option to include a positive statement for punitive damages.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Property
Product type:
Agriculture
MoreParent:
Sompo International
Limit:
Varies
Attachement/Retention:
Varies
Form:
Proportional and Excess of Loss Treaty
Notes:
Sompo International’s experienced Agriculture team, located in Bermuda, specializes in developing innovative risk transfer solutions for the sophisticated and rapidly changing crop and livestock perils faced by our clients.æ
We employ comprehensive quantitative modelling techniques to develop cutting edge products and covers that address our clients’ challenges including climate variability, volatile crop prices and an expanding list of livestock diseases.æOur dedication, agility and long term mutually beneficial relationships have allowed us to build a strong reputation throughout the worldwide marketplace.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Property
Product type:
Weather
MoreParent:
Sompo International
Limit:
Varies
Attachement/Retention:
Varies
Notes:
Voted ñBest Global Dealerî in Weather by its clients in both Energy Risk and Environmental Finance magazines, EGW -writes tailored weather-driven products that are delivered on a global basis as either derivatives or (re)insurance.
Our proprietary products are indexed to weather variables measured and reported by global meteorological agencies and commodity price indices published by exchanges and other independent organizations. Weather indices can be based upon almost any weather variable, including site specific wind speed, wave height, temperature, rainfall, solar radiation, and snowfall, while commodity indices include natural gas and power prices as well as a wide variety of agricultural prices for crops such as corn, wheat and cotton.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Property
Product type:
Property Catastrophe
MoreParent:
Sompo International
Limit:
$30M
Attachement/Retention:
Varies
Notes:
With a diversified global catastrophe portfolio Sompo International offers a broad array of individualized property catastrophe products, including traditional coverage as well as collateralized reinsurance structures to clients in more than 40 countries. The Americas region is serviced by our dedicated team located in Bermuda.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Casualty
Product type:
Engineering
MoreParent:
Sompo International
Limit:
Varies
Attachement/Retention:
Varies
Form:
Proportional and Excess of Loss Treaty
Notes:
Our highly skilled Engineering underwriters have over 25 years of reinsurance experience including experts with mechanical engineering backgrounds. We offer all lines of engineering covers and focus on treaty business written on a worldwide basis, partnering with cedants with local, regional and international portfolios. Reinsurance capacity is offered on pro-rata and non-proportional basis and we offer coverage for single project and operational risks.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Casualty
Product type:
Workers Compensation
MoreParent:
Sompo International
Limit:
$30M
Attachement/Retention:
Varies
Notes:
Since 2002, Sompo International has offered workers’ compensation catastrophe reinsurance on a global basis underwritten by our Bermuda operation. We service national accounts and state funds for workers’ compensation catastrophe, targeting ceding companies with strong financials, sophisticated actuarial capabilities, the ability to monitor and react to shifts in pricing and coverage, experienced claims management skills, and substantial net retentions. Products include low frequency, high severity excess of loss and pro rata reinsurance, with significant capacity available.
Contact Person:
Ellen Erhardt
Contact Email Address:
Line of business
Casualty
Product type:
Casualty Treaty Reinsurance
MoreParent:
Sompo International
Form:
Proportional and Excess of Loss Treaty
Notes:
With dedicated casualty underwriters located in key markets worldwide, Sompo International offers casualty coverage across all liability lines. We provide reinsurance of general, umbrella, environmental liability, motor, public and product liability, employers’ liability and workers’ compensation, professional liability, directors’ and officers’ liability and specialty lines of business.
We bring a level of expertise that comes from successfully managing through market cycles. By understanding our cedants’ needs and staying connected to our markets, we strive to maintain relevancy with an increasingly global product.
Contact Person:
Ellen Erhardt