Sompo has launched a new insurance offering for UK technology and telecoms service providers, providing property, casualty, professional indemnity and cyber cover.
Backed by a multiline technology underwriting team, specialist risk engineers and a dedicated claims team, cover is customised to the insured’s unique needs.
The insurer’s UK technology practice is led by Toby Harris, who has more than 20 years of experience underwriting technology risks. It will offer clients a flexible underwriting approach, together with a broad appetite.
Bob Thaker, UK CEO of Sompo said: “The launch of our new technology product demonstrates our commitment to growing our U.K. commercial lines business through innovation and developing solutions that enable our middle market technology clients to manage today’s most complex risks. It also further establishes Sompo as a key player in the fast-paced and rapidly evolving technology sector. We recognise this is a competitive market and are looking to provide extensive coverage for our clients, with as few limitations as possible.”
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