Sompo Expands Capabilities in Australia with New Team and Enhanced Strategic Focus

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentSYDNEY, Australia, April 14, 2026 (GLOBE NEWSWIRE) — Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the expansion of its operations in Australia as it strengthens its presence and long-term commitment to the market. Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentAs part of this strategic growth, Sompo has recruited a highly experienced team of local underwriters who bring established expertise across Property, Casualty, Financial Lines, Energy and Construction. The specialist team of nine, which is known for its solutions-based, client-centric approach, will be based in offices located in Sydney and Melbourne*. Their extensive market knowledge will enhance Sompo’s capabilities, support strong governance and position the business to deliver solutions to clients and brokers throughout the region. It also further aligns with Sompo’s goal to become one of Australia’s leading insurance providers.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentKenneth Reilly, Chief Executive Officer, Insurance, Asia Pacific (APAC) said: “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.”Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentPaul O’Neill, Sompo’s President of Commercial P&C Lines APAC, will oversee the Australian operations, with the new team reporting to him. Mr O’Neill said: “I am delighted to welcome this outstanding team to Sompo. Their expertise, combined with our collective ambition to deliver impactful solutions, positions us strongly from day one. By investing in an established and highly respected team and focusing on growth opportunities aligned with our core business strengths, we will support clients, brokers, and our other business partners while ensuring seamless operations and compliance with local regulations.”Article contentArticle contentFor broker and business inquiries relating to Sompo in Australia, please contact Paul O’Neill.Article content*Subject to regulatory approvalArticle contentAbout SompoArticle contentWe are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 137 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 10,000 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise™. Article content“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses.

Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.Article contentTo learn more please follow us on LinkedIn or visit sompo-intl.com.Article contentContactsArticle contentMike JonesGlobal Head of Media RelationsM: +44 7765 901899E: mijones@sompo-intl.comArticle contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Forcing people to pay a moral tax if they leave the country won't inspire them to stay Personal Finance Posthaste: Canadian dollar is being dumped from FX reserves at a record pace. What's going on? News Canada needs to invest $1.8 trillion over the next decade in six key sectors, says RBC News Ship testing Hormuz blockade appears to transit then U-turn Economy Posthaste: How the Iran war could throw the world into one of the worst recessions in 40 years News Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Forcing people to pay a moral tax if they leave the country won't inspire them to stay Personal Finance Posthaste: Canadian dollar is being dumped from FX reserves at a record pace. What's going on? News Canada needs to invest $1.8 trillion over the next decade in six key sectors, says RBC News Ship testing Hormuz blockade appears to transit then U-turn Economy Posthaste: How the Iran war could throw the world into one of the worst recessions in 40 years News