Sompo Japan Insurance Inc. is a major Japanese insurance company that has been providing space insurance since the 1970s. It offers space insurance, protecting against potential losses during launch and operation, and space business support services, including risk consulting, to companies entering or expanding within the space industry. Sompo Japan collaborates with foreign insurance markets and partners with space tech companies like Warpspace and Synspective to develop expertise, address emerging risks, and create new solutions utilizing satellite data. The company's activities aim to support the growth and sustainability of the space sector.
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Wejo established partnerships with Microsoft, Palantir, Sompo Holdings, and General Motors following its definitive agreement to merge with Virtuoso.