Sompo International

Product: PolicyCenter, Add-on Modules, ClaimCenter
Line of Business: Commercial
Region: EMEA

Sompo International, a global specialty provider of property and casualty insurance and reinsurance, is a wholly owned subsidiary of Sompo Holdings, Inc. whose core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. Through its operating subsidiaries, which maintain financial strength ratings of A+ from A.M. Best and A from S&P, Sompo International writes agriculture, professional lines, property, marine and energy, and casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines and specialty lines of reinsurance.

Following a successful Guidewire ClaimCenter™ deployment, Sompo selected Guidewire PolicyCenter™ to replace its previous policy administration systems, which consisted of multiple discrete systems requiring significant testing and maintenance to ensure peak performance. Sompo successfully deployed PolicyCenter for its retail and wholesale excess casualty insurance lines of business, with approximately 40 concurrent users. Sompo also implemented Guidewire Client Data Management™.

The networks' environments that we need to underwrite are so dynamic that a static insurance underwriting application that may of been completed 14 months ago just is not going to cut it. Cyence enables us to keep a beat on where a company stands in real time.
Brad Gow, Global Cyber Product Leader, Sompo International
Our PolicyCenter implementation has gone smoothly and user feedback has been very positive. In fact, the feedback on the first day of deployment was the best I have received since I began my insurance career. By following a mainly out-of-the-box implementation approach, with only minor customization, we were able to complete the project within a very compressed timeframe and under budget.
Alfred Goxhaj, Chief Information Officer, Sompo International

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