Sompo International has opened an office in Birmingham, its first in the UK outside of London. The office is located at The Colmore Building in the Colmore Business District. The insurer said the move was part of its aim to develop its regional portfolio of business in the UK.

Richard Brown, head of property retail, global markets said: “This is a significant step forwards in creating a local presence outside of London and the latest stage in the growth of our UK regional portfolio. Initially our focus will be on writing property & casualty business, but with the potential for more lines to be added as the office grows.

“Having greater proximity to our clients and brokers in the UK regions will enhance our ability to understand their needs and deliver them the right solutions. They will have access to autonomous, empowered local underwriters with direct knowledge and experience of the markets they operate in.”

He added: “Working predominantly through international broking offices based in Birmingham, Manchester, Leeds, Glasgow and Bristol – as well as the largest independent brokers – we will target UK domiciled mono-national and multinational clients with turnover in excess of £100m in sectors including manufacturing, leisure & hospitality, retail, infrastructure and transport.”

Share Story: