Reinsurance News

Sompo GRS expands capabilities in Mexico

23rd October 2019 - Author: Staff Writer

Specialty P&C re/insurer Sompo International Holdings has expanded its capabilities in Mexico with the addition of a new Global Risk Solutions team.

Sompo-InternationalThe team will look to offer Mexico-based clients in the real estate, hospitality, financial institutions, professional services and life sciences industries a full suite of products including package, property, general liability, umbrella and environmental.

As part of the expansion, Miguel Angel Macias Romo joins as industry vertical leader and will oversee Sompo GRS’ expansion in Mexico.

He brings over 30 years’ property and casualty insurance experience and began his career as an insurance broker in Mexico and France before helping to lead the expansion of several U.S. insurance carriers into the Mexican market.

“We are thrilled to bring our industry vertical expertise to the Mexican market and are delighted to have Miguel on board to lead this effort. For many years, we have served Japanese and South Korean clients with operations in Mexico,” said Michael Chang, Chief Executive Officer of Sompo Global Risk Solutions.

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“With our expanded presence, we are now able to offer Mexico-based companies in the industry verticals where we have depth of expertise a full set of risk management capabilities backed by our white glove service model.”


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