Sompo expands Australia team

Sompo International is expanding in Australia by hiring a nine-person underwriting team across property, casualty, financial lines, energy, and construction, based in Sydney and Melbourne.

The move strengthens its local presence and supports growth in the Australian commercial P&C market.

“Sompo has been operating in Australia for more than 60 years and today’s expansion represents another important step towards building a diversified global P&C platform with strong positions in the markets that matter most to our clients and broker partners. Ensuring that we are regionally aligned and locally empowered will help us drive scale, materiality and sustainable profitability. We look forward to delivering the level of service, underwriting excellence, and long-term partnership that the Australian market expects from Sompo.” – Kenneth Reilly, Chief Executive Officer, Insurance, Asia Pacific (APAC).