White Paper

Creativity, Expertise and Global Reach: How Sompo Provides Stability and Supports Distribution Partners

Carriers that have the depth of experience and the vision to create and maintain stable portfolios will be better partners to buyers and distributors of insurance in the long run.
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White Paper Summary

Insurance pricing cycles will run their course, but industry veterans know that risk management success is built on partnerships that are transparent, stable, and flexible.

The past five years saw rate and capacity crunches in a number of lines. As some markets now shift and soften, insureds can take their lessons learned and hopefully take advantage of a more stable and predictable transaction environment going forward, at least for the time being.

One of the staunchest challenges carriers and their broker partners face now and going forward may be in helping to support buyers of insurance who might be suffering lingering rate fatigue based on the previous year’s market trends.

Buyers, in essence, are looking for relief and stability in their carrier relationships after experiencing substantive market dislocation in important lines, including, but not limited to, property, D&O and cyber.

To learn more about Sompo International, please visit their website.

We are Sompo, a global provider of commercial and consumer property, casualty, and specialty (re)insurance. Sompo employs approximately 9,000 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise.

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