Sompo International Holdings Ltd.
Sompo International is a global insurance and reinsurance provider operating across 28+ countries as a subsidiary of Sompo Holdings, offering property, casualty, and specialty coverage.
Sompo International Holdings Ltd. is a global provider of property, casualty, and specialty insurance and reinsurance. The company operates as a wholly owned subsidiary of Sompo Holdings, Inc., with a workforce of more than 10,000 employees spread across offices in over 28 countries. Its geographic footprint spans North America, Continental Europe, the United Kingdom, Asia Pacific, Latin America, the Middle East, Africa, and Japan.
The company's insurance portfolio covers a broad range of risk areas, including agriculture, casualty, professional lines, property, marine/energy, aviation, and specialty lines. On the reinsurance side, it offers catastrophe, property, casualty, professional lines, and specialty lines reinsurance. This breadth of products subjects the company to regulatory frameworks across multiple jurisdictions and industry verticals.
Operating across so many territories and insurance classes means Sompo International must navigate a complex web of insurance regulations, reporting requirements, and supervisory regimes. Compliance functions within the organisation are likely to span licensing, solvency, conduct, data privacy, sanctions, and financial crime obligations across the jurisdictions in which it operates.