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
America Makes elects new members to its executive committee. Edge Technologies appoints a new regional sales manager for the Upper Midwest. FANUC America establishes $1M scholarship fund with SME Foundation to elevate advanced manufacturing skills.
Choose Chicago’s Tourism Ambassador Award was presented to AMT’s Peter Eelman, thanks to his key contributions to the city and the global manufacturing technology industry.
ANCA turns 50. Acu-Rite rebrands. Veterans-turned-machinists graduate from Workshops for Warriors. EOS’ new training center addresses industrial additive education. Edge Technologies, Haimer, Methods Machine Tools, and MMT welcome new hires and promotions.
The manufacturing technology community’s source for updates on major promotions, new appointments, facility inaugurations, and other noteworthy developments among AMT members. Stay informed and join us in recognizing the achievements of your colleagues.
Kevin Bowers brings decades of technical and research experience to his new role as AMT Vice President of Research.
Similar News
undefined
Intelligence
By Christopher Chidzik | Oct 14, 2024

Orders of manufacturing technology, measured by the USMTO report published by AMT, totaled $360.8 million in August 2024. These orders for metalworking machinery increased 22.7% from July 2024 but fell 12% short of August 2023 orders.

5 min
undefined
Technology
By Mary Cecile Neville | Oct 14, 2024

IMTS is the exclusive North American event to discover the latest technologies, hear new ideas, and connect with the best and brightest in the industry. If you couldn’t make this time, or to get a refresher on the highlights, read on…

4 min
undefined
Advocacy
By Amber Thomas | Oct 02, 2024

On September 5, 2024, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) published an interim final rule implementing export controls on critical and emerging technologies that align with the regulations of U.S. allies.

5 min