Our Bermuda Direct & Facultative Property team focuses on underwriting quota share, primary and excess of loss property coverage for large, well risk-managed insureds.
At Sompo, our approach is to build long-term relationships with our clients and brokers by providing tailored solutions to complex and diverse risks combined with leading claims handling and a consistent approach to underwriting.
Target Clients
We offer coverage to clients with U.S. Regional, U.S. Nationwide and Worldwide exposures across all commercial and industrial sectors, with the exception of Energy risks (power generation and petrochemical exposures), which are handled by our Energy team in London.
Products
Significant Capacity
- All Risks Normal Maximum capacity: $50M
- High Hazard Earthquake, Named Wind and Flood Normal Maximum lines:
- $5M capacity within the 1 in 100 year return period
- $10M capacity beyond the 1 in 100 year return period
- Use of capacity varies dependent on attachment and client risk profile
Coverage Features
- Underwriting team has significant experience with large, well risk-managed insureds.
- Responsive and flexible underwriting approach