Specialty property and casualty re/insurer Sompo International Holdings’ global agricultural platform has entered into a partnership to offer crop insurance solutions to the agricultural sector in Portugal.
The partnership between AgriSompo and Portuguese Managing General Agent ATLAS Segurmina will result in the offering of a variety of traditional crop insurance products and will expand into new products and coverages to help address the evolving needs of farming operations in Portugal.
AgriSompo combines technical expertise and global capabilities to deliver re/insurance solutions to meet the needs of agri-businesses in key markets around the world.
Headquartered in Lisbon, ATLAS is focused on delivering traditional and progressive insurance solutions to crop farmers within Portugal.
“In addition to increasing AgriSompo’s presence in key agriculture markets worldwide, this new partnership will enable us to introduce innovative agriculture products and technologies tailored to this region,” said Kris Lynn, Chairman, AgriSompo and Senior Vice President, Global Agriculture, Sompo International.
“By combining Sompo International’s experience developing leading-edge crop insurance products with ATLAS’ strong network and reputation in the Portuguese crop market, we will deliver meaningful solutions that address the evolving insurance needs of these clients.”
Frederico Bernardino, Chief Executive Officer, ATLAS, added “Sompo International’s extensive agriculture insurance capabilities and breadth of products, will enable ATLAS to provide enhanced risk solutions to the Portuguese agriculture community.
“We look forward to working closely with Sompo International and the AgriSompo team to expand and increase our offerings, providing additional value to our mutual clients.”
