TLDR:
Key points:
- Sompo International has introduced a new insurance product for technology and telecoms service providers, and electronic product manufacturers and assemblers in the U.K.
- The customized package includes coverages in property, casualty, professional indemnity, and cyber.
The Bermuda-based insurer, Sompo International Holdings Ltd., has launched a specialized insurance product for technology and telecoms companies, as well as electronic product manufacturers and assemblers in the U.K. This new product offers a comprehensive package that includes coverages in various areas such as property, casualty, professional indemnity, and cyber insurance.
By providing tailored insurance solutions specifically designed for these industries, Sompo International aims to help businesses in the technology and telecom sectors mitigate risks and protect themselves against potential liabilities. This move demonstrates the company’s commitment to meeting the evolving needs of its clients and offering innovative insurance products in a competitive market.
Overall, this new insurance product from Sompo International is expected to provide valuable protection and peace of mind to technology and telecom companies, as well as electronic product manufacturers and assemblers operating in the U.K.