Case Study: Sompo International achieves faster, more accurate forecasting and streamlined reporting with Workday Adaptive Planning

Sompo International Drives Leadership in Global Insurance Through Strategic Finance

Sompo International, a Bermuda‑based global specialty provider of property and casualty insurance and reinsurance, faced increased competition and the industry imperative to better manage capital and risk. The company needed more structured budgeting and forecasting processes and faster access to accurate data to improve decision‑making and more precisely model revenue.

By implementing Workday Adaptive Planning, Sompo streamlined its financial close and established continuous, simplified budget and forecasting cycles with automated reporting. The change delivered faster access to reliable data, improved forecasting precision and revenue modeling, and gave leaders clearer visibility into expenses and profitability to better allocate capital and identify growth opportunities.

Sompo International

Glauber Barbosa

Vice President of Financial Planning and Analysis