Protecdiv completes first reinsurance transaction

Protecdiv has completed its first transaction for Sompo International with strategic partner BMS Group.

“We are proud to be the first insurer to use Protecdiv, the only minority-owned reinsurance brokerage firm,” said Michael Chang, CEO, Sompo Global Risk Solutions at Sompo International. “Diversity is very important to us at Sompo International, but it must also be accompanied by the expertise and service level we expect from all our partners. That is what Protecdiv brought to this transaction.”

“We are thrilled to have placed our first reinsurance transaction on behalf of the team at Sompo International,” said Kael Coleman, CEO at Protecdiv. “Our partners at Sompo International are dynamic, forward-thinking individuals who understand the competence, market relationships, value and alternative perspective challenger brokers like Protecdiv and BMS can bring. We are pleased to have completed this significant transaction for an industry-leading client with our strategic partners at BMS Re.”

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