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Sompo International Holdings provides global commercial and consumer property, casualty, and specialty insurance and reinsurance. Clients buy coverage, and Sompo assesses risk, prices the policy, issues terms, and pays claims, using its worldwide network to tailor protection for complex risks. The company leverages 137 years of heritage from Sompo Holdings and a broad global footprint to deliver practical, customized insurance solutions. Its goal is to help organizations and individuals manage risk by offering reliable coverage that simplifies complex challenges.
Industries
Financial Services
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Bermuda
Founded
2001
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Expansive Health & Wellness Benefits
Generous Retirement & Savings Plans
Global Parental Leave & Adoption Assistance
Sompo Direct launches new claims portal. The latest from Sompo Direct for you; Sompo Direct Insurance has launched a new claims portal developed with the support of Sollers Consulting. The solution makes the claims filing process more accessible for customers. Delivered within a short timeframe, the project marks a significant milestone in the company's digital transformation journey. With support from Sollers, the Japanese insurer Sompo Direct has implemented a web-based claims portal for personal auto insurance. The new first notice of loss (FNOL) solution increases flexibility in the claims notification process, enabling customers to register claims online, submit supporting documents, and navigate a streamlined digital journey. The portal is designed to shift a substantial portion of simple claims - those not involving bodily injury - away from the call center, with a target of handling up to 50% of such cases through the portal. The project was built on the Guidewire Jutro Digital Platform with support from Guidewire. "We are grateful to Sollers for supporting and leading the inception phase, as well as the planning and execution of the sprint process," says Michiya Wada, Manager of the Information Systems Department at Sompo Direct. "Thanks to this support, we were able to move forward smoothly with both the implementation of the new system and our agile development approach." Before the launch of the new portal, claims data captured through legacy tools had to be manually re-entered into the claims system, increasing costs, extending processing times, and raising the risk of errors. The new solution integrates directly with the claims and document management systems, significantly improving efficiency and creating opportunities for further automation. "This initiative addresses key operational challenges, including manual data entry, document handling, and the lack of integration with core systems," says Jeremi Nazaruk, Manager at Sollers Consulting. "The project was delivered at an accelerated pace, with the entire lifecycle - from proof of concept to go-live - completed in approximately six months." Jutro was used to accelerate development and simplify integration with Guidewire ClaimCenter. The portal leverages out-of-the-box user interface (UI) capabilities to speed up delivery and enhance the user experience (UX). Sollers teams provided technical guidance and implemented additional features, including Google Maps integration, document processing functionality, and customer support features. To further enhance the digital experience, Sompo Direct's new solution incorporates advanced monitoring tools, including Datadog and Google Analytics. These tools enable the tracking of user journeys, help identify potential issues, and support the continuous optimization of the claims process through a data-driven approach.
Sompo to acquire Brazilian insurer Fator Seguradora. Sompo International Holdings, through a wholly owned subsidiary, has formalised an agreement to acquire Brazilian insurer Fator Seguradora, according to a press release. Fator Seguradora focuses on co... To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company may already have a corporate license in place. * Allianz Trade promotes Daf Owen to Asia Pacific role to accelerate surety growth * July 22 Owen will relocate from Brisbane to Hong Kong and report to Chris Markesteijn, regional head of surety and guarantees for Asia Pacific. * Strong demand drives 'phenomenal' growth of India's new kid on the block * June 18 Nascent surety market is seen as a huge opportunity for the (re)insurance industry, with conservative estimates indicating a potential expansion to nearly US$1bn by 2030. * Munich Re Specialty promotes Philip Steinbach to head of surety underwriting for Australia * June 12 Sydney-based Steinbach was most recently a senior underwriting consultant for surety when he joined the insurer 10 months ago. * Anthony Hong joins Howden as head of surety for Asia * May 22 He joins after six years at Aon in Singapore and South Korea. Partner Content * PartnerRe | Dementia the protection gap insurers can no longer ignore Unlike acute illnesses, dementia creates a long tail of financial need and its impact extends well beyond patients. * Sedgwick | Investing in people is shaping the future of loss adjusting in Asia Sedgwick Asia says it is ready to meet the evolving challenges of Asia's dynamic insurance markets. * PartnerRe | Understanding ageing in APAC: why perception, planning and protection don't always align Ageing is shaping finances, family dynamics and insurance needs of the caregiving ecosystem, but current product propositions and underwriting frameworks are not keeping pace with protection needs, finds PartnerRe survey. * BHSI | D&O in Asia in 2026: navigating geopolitics, insolvencies, and digital crackdowns without breaking the bank A soft market presents organisations with opportunities to strengthen resilience, although the abundance of capacity is unlikely to persist.
The acquisition strengthens Sompo’s workers’ compensation franchise with expanded capabilities, distribution reach and scale in the U.S. market...
Frankenmuth Insurance names Keith MacLean Vice President, Head of Surety. MacLean brings nearly two decades of surety experience to his new role. Frankenmuth Insurance's New Head of Surety, Keith MacLean FRANKENMUTH, Mich.-(BUSINESS WIRE)-Frankenmuth Insurance is pleased to announce that Keith MacLean has been promoted to Vice President, Head of Surety, effective July 6, 2026. In his new role, MacLean will be responsible for setting the division's strategic direction, driving profitable growth, strengthening agency and broker relationships, and fostering a culture focused on underwriting excellence and exceptional service. MacLean brings nearly two decades of surety experience to his new role, with a broad range of underwriting, field leadership, and operational expertise. Since joining the company in 2024, he has played an instrumental role in advancing the organization's surety business and most recently served as Vice President, Commercial Surety Field Operations. Prior to joining Frankenmuth Insurance, MacLean held leadership positions with Concorde Construction Company, Sompo International, and Main Street America, where he built high-performing teams and developed deep expertise in contract and commercial surety. About Frankenmuth Insurance Frankenmuth Insurance exists to provide peace of mind by protecting individuals, families, and businesses with tailored insurance solutions. Headquartered in historic Frankenmuth, Michigan, Business Wire, Inc. has been serving its policyholders for nearly 160 years and remain committed to being your insurer of choice through exceptional protection and service. As a super-regional carrier, Business Wire, Inc. work exclusively with more than 800 independent agencies across 15 states to offer business, home, and auto insurance, along with surety bonds. Business Wire, Inc. proudly maintain $2.5 billion in assets and an AM Best A (Excellent) Financial Strength Rating, demonstrating its long-standing reliability and commitment to protecting what matters most. Learn more at fmins.com.
People Moves: Arch promotes halgan as CEO of global reinsurance, schmeiser as CEO, global mortgage; Sompo International markets names machale as CUO, head of strategy. This edition of International People Moves details appointments at global re/insurers Arch Capital Group and Sompo. A summary of these new hires follows here. Arch Capital Group Ltd., the Bermuda-based provider of insurance, reinsurance and mortgage insurance, announced the promotions...
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Industries
Financial Services
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Bermuda
Founded
2001
Find jobs on Simplify and start your career today