Japanese Interest Accounts – U.S.

Global Risk Solutions Products

Sompo Global Risk Solutions provides fully-serviced standard admitted products to our Japanese clients with operations in the United States. Beyond our commitment to disciplined and responsive underwriting, we provide each client with strong claims support and assistance, highly customized loss control services, and superior policy processing.

Target Classes

Sompo GRS provides coverage to our Japanese clients with operations in the U.S., focusing on the following classes:

  • Manufacturing
    • Auto Parts
    • Industrial Machinery
    • Fabricated Metal Products
    • Electronic Component
  • Wholesale & Retail
    • Durable and Non-Durable Goods
    • Food & Beverage
    • Apparel
  • Services
    • Business & Financial Services
    • Office Equipment & Repair
  • Others
    • Food Processing
    • Distribution

Coverage for multinational or U.S.-owned companies in these target classes is offered through our U.S. Insurance teams.

Coverage Features

  • Focus on Japanese Interest Accounts with minimum annual premium of $100K
  • Guaranteed cost and alternative risk transfer mechanisms (deductibles, SIR, retro rating plans and captive programs)

Significant Capacity

We take a unique approach, offering comprehensive coverage and significant capacity for the following product lines:

  • Property - up to $500M AOP / $25M CAT
  • General Liability - $1M limit, can increase based on risk (admitted only)
  • Multiline /  Package - Same as Property and GL
  • Ocean Marine Cargo - $20M Primary or Excess
  • Ocean Marine Liability - $25M; $10M Hull
  • Professional Lines - $25M; Varies by risk
  • Cyber - $25M
  • Auto - $1M limit, can increase based on risk 
  • Workers’ Compensation - Statutory limits
  • Umbrella / Excess Casualty - $25M
  • Professional Lines - $25M
  • Environmental - $25M
  • Builders’ Risk - Varies by class
  • Surety - Aggregate Bond Program limits up to $50M
  • Weather Protection - $50M limit, can increase based upon risk one location

Value Added Service

Sompo Global Risk Solutions’ approach is to forge a long-term holistic trading partnership with each account, not based on individual products, rather by offering all lines of business through a multi-disciplinary team.

We are committed to providing our clients with:

  • Empowered underwriters who have authority at the point of sale
  • Loss control resources specializing in risk management programs tailored to the needs of this client segment
  • Dedicated in-house claims staff with strategic partnerships with outside counsel specializing in financial institutions and professional services claims
  • An operations team with deep expertise that truly understands and can quickly respond to policy requests