At Sompo, we understand the complex risks facing Asian companies operating in the US, Canada and Mexico. While there are strong business opportunities in North America, regulatory and liability exposures differ significantly from those found in Japan, South Korea, and other Asian countries. Sompo’s US Asian Risk Solutions team helps our Asian clients navigate North American exposures—and move forward confidently.
Sompo’s North America Asian Risk Solutions team works with businesses of all sizes across a wide range of industries, including manufacturing, mercantile, services, life sciences, technology and more.
Whether your company is just entering North America or already has an established footprint, Sompo can help you better manage, retain and transfer risk.
Each Sompo client works with a dedicated Client Relationship Executive (CRE), who serves as a point of contact for coordinated underwriting, claims support and customized risk control services. Our retention rate of 95% underscores the value that clients place on their partnership with Sompo.
Products and services for Asian companies operating in North America
| Line of business | Target classes (included but not limited to) | Products offered | Capacity available | |
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Property |
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Primary & Excess Casualty |
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* Can be written as Package or Monoline |
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Middle Market/ Small Business |
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Capacity is the same as the underlying products |
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Environmental |
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US $25m; Admitted (using deregulation where allowed by law) and non-admitted paper |
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Ocean Marine Cargo |
All classes of goods including raw materials and commodities for:
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US $20m Primary or Excess |
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Ocean Marine Liability |
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Engineered Risk |
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US $50m to US $250m depending on occupancy, peril and location |
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Professional Lines |
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Cyber |
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First and third-party liability coverages, planning and event response services for:
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Up to US $25m |
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Surety |
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Aggregate bond program limits up to US $50m |
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Parametric Natural Catastrophe |
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Tailored weather risk management products linked to:
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Downloads and resources
With a collaborative approach and empowered underwriters, North America Asian Risk Solutions provides fully-serviced standard admitted products to our Asian clients with operations in the US, Canada and Mexico.
