Insurance Asia reports:
Sompo Japan Insurance has submitted a business improvement plan to the local Financial Services Agency (FSA).
The FSA had earlier ordered the insurer to submit the plan on 24 March 2025, in relation to the leakage of customer information.
In a statement, Sompo Japan Insurance apologized for “any inconvenience and concern caused to our customers and all other stakeholders.”
Read more at Insurance Asia. The April data breach involving unauthorized access potentially affected 17.48 million pieces of customer data, including names and insurance policy numbers.