Sompo has received regulatory approval to write primary insurance locally in Belgium and the Netherlands, marking a further step in its European expansion.
The move allows the company to enhance its commercial insurance capabilities and broaden its product suite across Europe, building on its existing operations in Germany, France, Spain, Italy and Switzerland.
Ralph Brand, president of Continental Europe Insurance at Sompo, says: “We know clients are increasingly looking for partners with local presence aligned with global expertise who can support them through all aspects of the many and often complex risks they face.
“We empower our local teams to work with our clients and brokers to offer a flexible, solutions-driven approach that creates the framework for long-term partnerships and success.”
