Newgate will provide media relations, stakeholder and political outreach and financial comms support to raise Sompo’s profile in the UK. It will also support the international growth of the business.
The Newgate team will be led by Steffan Williams, group managing director, and will be supported by associate partner Clotilde Gros and consultant Lydia Thompson.
Sompo is listed and headquartered in Japan, but operates in 32 countries worldwide. As part of its European expansion plans, the business acquired insurance company, Canopius – now Sompo Canopius – in 2014.
Nigel Frudd, executive officer at Sompo Japan Nipponkoa Holdings, said: “We were impressed by Newgate’s expertise, broad experience and integrated approach. With this and the firm’s deep understanding of our managerial objectives, I am confident Newgate will offer critical support to Sompo’s continuous expansion programme.”
Williams added: “We are delighted to have been appointed by Sompo, a significant global player within its industry, at this important stage in the company’s growth plan.”