30 July 2019News

Sompo teams up with VGM to service golf courses

Sompo Global Risk Solutions (SGRS) has entered into a strategic partnership with VGM Insurance and Financial Solutions (VGM) to offer its insurance products and services to golf courses and country clubs in the US.

SGRS, a division of Sompo International Holdings, the specialty provider of property and casualty insurance and reinsurance, is offering insurance products including property, primary casualty, lead umbrella, auto, workers’ compensation and environmental coverage, along with VGM’s specialised risk management services.

The partnership targets golf facilities of all types and sizes including public, private and semi-private golf courses and country clubs, as well as daily fee courses and golf management companies. Sompo GRS will individually underwrite each account.

SGRS offers comprehensive multi-line capabilities targeted to accounts in select industry verticals including hospitality, real estate, life sciences, financial institutions and professional services, in addition to Japanese and South Korean companies with operations in the US and Mexico.

Michael Chang, CEO of SGRS, the two groups’ shared commitment to understanding their clients’ business strengthens their ability to address the unique risk management needs of golf clubs and country clubs across the US.