The expansion allows Sompo to offer Marine Cargo and Transport & Logistics policies across the regions, in addition to London.
Sompo’s Marine Cargo UK policy and its Transport & Logistics propositions are designed to provide clear and comprehensive coverage for brokers and clients throughout the UK. The Marine Cargo UK policy offers all-risk coverage, eliminating the need for Institute Cargo Clauses, ensuring clients are automatically covered unless specific exclusions apply. Additionally, all policy coverage is now consolidated into a single document, simplifying the customer experience.
The Transport & Logistics UK policy provides a comprehensive package solution under a single wording, covering freight liability, employers liability, public, products, and pollution liability, as well as property. This solution is targeted at freight forwarders, road hauliers, couriers, warehouse keepers, customs brokers, contracts logistics companies, and shippers.
Outside of London, the lines are led by Diane Blyth, Head of (Retail) Marine Cargo UK Regions, and Jon Clare, Head of (Retail) Transport & Logistics, UK Regions. Both report to Paul Ashworth, Head of Aviation, Energy & Marine, who also manages Sompo’s marine business in London
Bob Thaker, CEO, Commercial P&C Insurance, Sompo, UK, said: “We are constantly looking at ways to adapt our business model to ensure we provide the very best service and experience possible to brokers and clients right across the UK. By increasing capacity and establishing an outstanding team of regionally-based underwriters, our new proposition expands the offering we currently provide in London so we can now also cater for growing regional demand to write directly Marine Cargo and Transport & Logistics policies.”
He added: “Both have been developed to be as simple as possible and are underwritten by our highly experienced team of marine specialists to eliminate uncertainty and ensure peace of mind for our clients.”