November 17, 2021: Sompo announces expanded partnership with Praedicat
Praedicat is thrilled that Sompo International, a Bermuda-based global specialty provider of property and casualty insurance and reinsurance, is expanding its partnership with Praedicat to further support the proactive management of its global casualty portfolio and to deliver positive client outcomes. As part of the expansion, Sompo International is utilizing Praedicat’s new litigation tracker to track companies, industries, and causes of action that are targets of new complaints for developing litigation involving emerging risk.
Chris Gallagher, CEO at Sompo International Commercial P&C, said:
“Technology is changing the ways casualty insurers underwrite and manage risks. Our Excess Casualty team in Bermuda have been pioneers in using third party analytics to price and manage casualty portfolio risk. Through an enterprise-level partnership with Praedicat, we are pleased to expand our current North American complex casualty analytical approach to our International and Reinsurance platforms.”
Praedicat looks forward to deepening our partnership with Sompo International and continuing to support Sompo’s efforts in achieving an even more consistent and integrated outlook on casualty risk across its enterprise, including global insurance, enterprise risk management, reinsurance and claims management.
Click here to read the press release.
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