A Sompo, a subsidiary of the company responsible for the insurance and reinsurance operations of the Sompo Holdings Group outside Japan, has just launched the web series “Solutions for Every Move in Your Business, which addresses the company's solutions for the Transport & Logistics segment. Under the concept "experts in protecting your liabilitiesThe insurance company emphasizes in six chapters how it can contribute to risk management and insurance coverage characteristics of this segment. The first episode of the web series is already available on Sompo's YouTube channel and can be watched through the linkhttps://bit.ly/4bfIwsS.
Throughout the episodes, topics such as expertise in risk management consulting and the company's own Cargo Monitoring Center, strategies for using Surety Bonds for cash flow management, the importance of protecting physical structures and Machinery and Equipment, among other aspects, will be presented.
To support the initiative, Innocean, Sompo's advertising agency, developed a media plan to publicize the web series episodes on digital media and news websites in the Logistics & Transportation segment during the first half of 2025.
"We are excited to launch this web series that reflects our commitment to providing effective solutions for the Transport & Logistics sector. Our commitment is to protect operations and ensure business continuity with the expertise of those who have been leaders in the segment since 2017," says Celso Ricardo Mendes, Executive Director of Sompo. Unlike what is commonly seen in the market, which handles insurance branches separately, Sompo has a perspective in its communication and relationship with brokers and clients to present all solutions for each economic activity, so that we can be the partner company for managers in managing the risks inherent to their daily business, he adds.
"The campaign was developed to disseminate the value proposition created especially for this segment. We want to emphasize to our clients and insurance broker partners that we are by their side in every move of their business, providing customized solutions that anticipate and mitigate risks and are essential for financial protection and operational sustainability," emphasizes Aline Telis, Marketing Manager at Sompo. "We want to further strengthen our relationship with our audience and emphasize that, more than an insurer, we are a true strategic partner for the sustainable growth of Transport & Logistics businesses," he concludes.
Expertise and Leadership
Sompo has been making significant investments to enhance the services that add value to insurance. Since 2017, the company has been a leader in the Transportation Insurance segment, through which it offers a specialized Transportation Risk Management service, which has a unique model recognized by the market. In 2023, it was the first insurer to surpass R$ 1 billion in issued premiums in this sector, further consolidating its leading position. At the beginning of 2024, R$ 5 million was invested in expanding the infrastructure of the company's own Monitoring Center, the first in the market under this management model, which doubled its capacity to serve clients in real-time cargo monitoring and now occupies an area of approximately 655.72 m². In 2024 alone, approximately R$132 billion in transported loads were monitored across more than 230,000 trips. A new Artificial Intelligence tool was also implemented to support the provision of historical data that assists specialists in making accurate risk underwriting decisions. The company has the Fast Track for Cargo Transportation Claims, which speeds up processes and allows for claims to be compensated in an average of 11 days. The Fast Sompo Service is also available, a service that enables the rapid provision of technological Risk Management tools, such as bait, immobilizers, and armored bodies, among others.
Market
According to the Profile of Logistics Operators survey conducted by the Brazilian Association of Logistics Operators (ABOL) on behalf of the Logistics and Supply Chain Institute (ILOS), the 1,300 companies operating in this sector handle around R$ 192 billion and generate approximately 2.3 million direct and indirect jobs. Logistics Operators (LOs) serve more than 20 different economic sectors in the country and are positioned at various links in the supply chain.
Compared to 2020, the sectors that saw the greatest increase in OL presence in 2024 were Beverages, Automotive and Auto Parts, Metalworking, and Clothing and Textiles. The study mapped approximately 30 activities within the logistical functions performed by OLs, including transportation across all modes, warehousing, inventory control, supply of production lines, among others.
Data from the Superintendence of Private Insurance (SUSEP) indicate that the Transport Insurance sector moved more than R$6.2 billion in Insurance Premiums in the period from January to December 2024, which represents a growth of 6% compared to the R$5.8 billion recorded in the same period of 2023.
It is worth noting that the Transport insurance branch is only related to policies that aim to compensate for any damages caused to the insured goods during their transportation on water, land and air journeys, on national and international routes (Shipper's insurance, owner of the cargo) or that cover losses for which the carrier is responsible, such as collision, rollover, ramming, fire or explosion of the transporting vehicle (Carrier's insurance).
The list of coverages to be considered in the OLs Insurance Plans also includes modalities such as Guarantee Insurance (aimed at providing legal guarantees or protection in contracts), Property Insurance (aimed at facilities), Machinery & Equipment (aimed at machinery such as forklifts, pallet trucks, conveyor belts, etc.), among others.
