Featured Image

AMT Works With Sompo International To Provide Insurance Expertise

AMT is working with Sompo International, a global provider of property and casualty insurance. Through this alliance, Sompo International will share their thought leadership through articles in AMT media and speaking slots at AMT member events.
Jun 27, 2022

McLean, Va. (June 27, 2022) AMT – The Association For Manufacturing Technology is working with Sompo International, a global provider of property and casualty insurance. Through this alliance, Sompo International will share their thought leadership through articles in AMT media and speaking slots at AMT member events.

Sompo International has expertise in and experience with advanced manufacturing companies and recently sent representatives to attend AMT meetings in Denver, Colorado, and Bonita Springs, Florida.

Bill Herman, AMT vice president, sales and membership, who oversaw the development of this collaboration over the past several months, commented, “This alliance with Sompo International is a perfect complement to the list of resources AMT provides to our members. As an insurance carrier with the financial stability of an A+ rated company, tailored product solutions, and an experienced risk control team, Sompo International will offer insights that can enhance our members’ own risk management programs.”

Dayton Horvath, AMT director, emerging technology and investments, added, "AMT members have, by nature, a real challenge in assessing and managing risk. The global perspective and expertise that Sompo International has can offer another level of support for emerging manufacturing technology providers looking to manage product liability and technical risks across their product lines."

“We have been impressed with leadership of AMT member companies, as they balance significant growth opportunities with operational challenges such as data breaches and supply chain delays,” said Mike Carroll, senior vice president, technology leader, Sompo International. “We are thrilled to be a resource and look forward to giving as much as we will get from the AMT leadership and the membership."

---

You’ll be seeing more from Sompo International in the months ahead. If you would like to have a conversation with the Sompo team, contact Mike Carroll at mcarroll@sompo-intl.com.

For AMT member questions, contact Bill Herman at 301-996-9910 or bherman@AMTonline.org.

---

AMT – The Association For Manufacturing Technology is a 501(c)(6) trade association committed to advancing the manufacturing technology industry by facilitating the adoption of transformative technologies; fostering community and partnerships; producing events that create new business opportunities; supporting global business growth; and enhancing industry knowledge about technology, legislation, and workforce development.

Sompo International

“Sompo International” refers to Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries. Through its operating subsidiaries, Sompo International is a leading global provider of commercial and consumer property and casualty (re)insurance. Sompo International Holdings Ltd. is an indirect wholly owned subsidiary of Sompo Holdings, Inc. (“Sompo Holdings”). With approximately 10,000 employees at Sompo International, 75,000 employees total worldwide, entities in over 29 countries and over $36 billion in Gross Written Premiums, Sompo Holdings is one of the leading property and casualty insurance groups in the world. Sompo Holdings maintains excellent financial strength as evidenced by the ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard and Poor’s on its principal operating subsidiaries. For more information about Sompo International, follow us on LinkedIn or please visit www.sompo-intl.com.

PicturePicture
Author
Kristin Bartschi
Director, Marketing & Communications
Recent intelligence News
DOD Maintenance Innovation Challenge winners. Mid Atlantic Machinery a best place to work. New board members at LIFT. El Paso Makes gets new director. ASME and Autodesk tackle skills gap. AI to improve supply chains. AMNEW Data Challenges kick off.
You can tell a lot about a person by the company they keep — and you will find no better company than at the MFG 2025 Meeting, Feb. 19-21 at the Hyatt Regency Hill Country Resort & Spa in San Antonio.
The ARM Institute wins big at the 2024 Tech50 Awards. FANUC’s opens an all-new Canadian headquarters. LIFT announces its plans for an advanced materials center in Detroit. Caron Engineering names new national sales manager. Murata Machinery turns 50.
Make your next strategic move at The MFG Meeting 2025: Connect with industry leaders, gain invaluable insights, and master your future through exclusive networking and forward-thinking discussions in a top-notch setting.
Women in Manufacturing tour HEIDENHAIN plant. Wes-Tech partners with the Reshoring Initiative. Leadership appointments at Caron Engineering. ITAR renewal by MSK Precision Products. A new RFI solicitation for advancing metal alloy systems led by NCDMM.
Similar News
undefined
International
By Conchi Aranguren | Jan 14, 2025

European markets face another challenging forecast due to uncertainties in trade with the United States and ongoing fiscal tightening. Will the region manage to avoid a recession? It seems likely. For more industry intel and other tidbits, read on.

5 min
undefined
Intelligence
By Christopher Chidzik | Jan 13, 2025

Orders of manufacturing technology, measured by U.S. Manufacturing Technology Orders report published by AMT, totaled $448.8 million in November 2024. These orders for metalworking machinery increased 16.8% from October 2024 and 12.4% from November 2023.

5 min
undefined
Intelligence
By Bill Herman | Jan 06, 2025

You can tell a lot about a person by the company they keep — and you will find no better company than at the MFG 2025 Meeting, Feb. 19-21 at the Hyatt Regency Hill Country Resort & Spa in San Antonio.

5 min