Sompo to acquire comp specialist Service Insurance - Business Insurance

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URL: https://www.businessinsurance.com/sompo-to-acquire-comp-specialist-service-insurance/

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Sompo to acquire comp specialist Service Insurance - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Sompo to acquire comp specialist Service Insurance by Louise Esola Mergers and Acquisitions , Workers Comp Coverage Jul 7, 2026 Sompo International said Tuesday it has agreed to acquire Service Insurance Cos., a workers compensation specialist focused on small and midsize businesses. Terms of the deal were not disclosed. The transaction, which will be completed through one of Sompo’s U.S. subsidiaries, is subject to regulatory approval and other customary closing conditions. Sompo said the acquisition will expand its U.S. workers compensation capabilities, distribution reach and presence in the small and midsize business and general agent markets. Service Insurance, founded in 1982, provides workers compensation underwriting, claims management and loss control services. Brad Davis, its president, will continue to lead the business following the acquisition. Related News 3M, Chubb settle in massive multidistrict litigation case July 7, 2026 Gallagher buys Canada-based retail brokerage July 7, 2026 Window seat comes with one small catch July 7, 2026 IMA Financial names president for Carolinas July 7, 2026 Massachusetts high court orders regulator to explain 14.6% comp rate cut July 7, 2026 Nord Stream loses $663M insurance lawsuit July 7, 2026 Insurers face ‘significant’ claims for war-damaged vessels July 7, 2026 IAG faces amended Covid disclosure claims July 7, 2026 Casualty reinsurance demand flat at renewals: Aon July 7, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.

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