A wholly owned subsidiary of Sompo International Holdings Ltd. has formalised an agreement to acquire Fator Seguradora in Brazil, which focuses on corporate insurance and business risk management solutions, with particular strength in Property, Surety, and Financial Lines.
The transaction remains subject to customary regulatory approvals. Once completed, Sompo said the acquisition will represent a significant step in its strategy to strengthen its position in Brazil’s corporate insurance market by expanding its portfolio of specialised, higher value-added solutions.
Pending regulatory approval, both companies will continue to operate independently, with no changes to their day-to-day operations. Their commercial teams will maintain normal business activities, ensuring continuity of service for brokers and clients.
Value Capital acted as financial adviser to Sompo, while Mattos Filho served as legal counsel. KPMG Brasil provided actuarial and operational advisory services.
Fator Seguradora was advised by Goldman Sachs as financial adviser, with Machado Meyer acting as legal counsel.
Alfredo Lalia Neto, CEO of Sompo in Brazil, commented, “This transaction is fully aligned with our sustainable growth strategy and our ambition to expand our relevance in technical segments with higher added value.
“Fator Seguradora has a strong and recognised presence in lines such as Surety and Financial Lines, which are segments of growth for Sompo.
“This complementary nature accelerates our capacity to expand in these markets while broadening the range of sophisticated solutions available to clients and strengthening relationships with our broker partners.
“We are building a consistent growth trajectory based on specialisation, technical discipline, and proximity to the market. The combination of our operations represents not only greater scale but, above all, an enhanced ability to respond to the increasingly complex demands of corporate clients.
“We will remain focused on ensuring a smooth transition, preserving the value of our relationships with clients and broker partners, and maintaining the excellence that defines Sompo’s performance.”
Alessa Quane, Chief Executive Officer, International Markets, said, “Brazil is a strategically important market for Sompo, and this transaction reflects our disciplined approach to expanding in lines where we see strong client demand, technical opportunity, and long-term value creation.
“Fator Seguradora’s capabilities complement our existing platform in Brazil and support our ambition to further strengthen our offering in specialty and corporate insurance across International Markets.”
