Tokio Marine

AM Best Affirms Credit Ratings of Tokio Marine GRV Re, Inc.

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금요일, 4월 26, 2024
Banking, Professional Services, Insurance, Finance, News, Credit, AM Best, ERM, ALL, Tokio Marine

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Tokio Marine GRV Re, Inc. (TMGRV Re) (Oklahoma City, OK).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Tokio Marine GRV Re, Inc. (TMGRV Re) (Oklahoma City, OK).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

WorldTrips Wins Gold 2024 Stevie® Award

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금요일, 4월 19, 2024
Policy, Travel, Insurance, Stevie Awards, Workflow, Customer service, Gold, Group insurance, Tokio Marine, International business, HCC, Online shopping

CARMEL, Ind., April 18, 2024 /PRNewswire/ -- WorldTrips, a part of the Tokio Marine HCC group of companies, has won a Gold award in the Sales Distinction of the Year — Computer Software category in the 18th Annual Stevie® Awards for Sales & Customer Service.The awards are presented by the Stevie Awards, which organizes several of the world's leading business awards shows including the prestigious American Business Awards® and International Business Awards®.

Key Points: 
  • CARMEL, Ind., April 18, 2024 /PRNewswire/ -- WorldTrips , a part of the Tokio Marine HCC group of companies, has won a Gold award in the Sales Distinction of the Year — Computer Software category in the 18th Annual Stevie® Awards for Sales & Customer Service.
  • WorldTrips was recognized for its recently developed Trip Cancellation Group Quoting Tool designed to support "Group Insurance" plans effectively.
  • These initiatives not only enhance the user experience but also position WorldTrips as a leader in the Group insurance sector.
  • "WorldTrips is beyond thrilled to be recognized with this prestigious customer service award.

Zywave Launches New Cyber Quoting Solution with Simplified Data Collection

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목요일, 4월 18, 2024
Cowbell, CFC, Axis, Insurance, Communication, Tokio Marine

MILWAUKEE, April 18, 2024 /PRNewswire/ -- Leading insurtech provider, Zywave, today announced the launch of Cyber Quoting, the latest addition to its comprehensive portfolio of quoting and proposal solutions. The centralized quoting platform brings together global cyber insurers and U.S. distributors, connecting them through a simplified, transparent data collection process that provides key insights into coverage submission and selection.

Key Points: 
  • The centralized quoting platform brings together global cyber insurers and U.S. distributors, connecting them through a simplified, transparent data collection process that provides key insights into coverage submission and selection.
  • "Tedious, time-consuming data collection is one of the biggest pain points for cyber insurance brokers and their clients," Rentsch added.
  • "Expanding our distribution network through Cyber Quoting with Zywave allows our programs to be available to an expansive network of distributors," said Rick Welsh, CEO of Killara Cyber.
  • With the addition of Cyber Quoting, Zywave continues to expand its industry-leading offering of quoting solutions.

Tokio Marine HCC – Cyber & Professional Lines Group Makes Strategic Leadership Enhancements to Spearhead Growth and Innovation

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화요일, 4월 2, 2024
HCC, Business intelligence, CPLG, Tokio Marine, Growth, Emerging market, Management

ENCINO, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC group of companies based in Houston, Texas, today announced strategic enhancements to its leadership team to bolster its position in the rapidly evolving cyber and professional lines insurance marketplace.

Key Points: 
  • ENCINO, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC group of companies based in Houston, Texas, today announced strategic enhancements to its leadership team to bolster its position in the rapidly evolving cyber and professional lines insurance marketplace.
  • He will be responsible for exploring new markets, creating innovative insurance products and leading growth strategies to expand CPLG's presence in cyber and professional lines insurance.
  • In parallel, Tamara Ashjian has been elevated to the role of Vice President of Cyber & Tech Claims.
  • She will be instrumental in managing complex cyber and tech claims, enhancing service quality and ensuring efficient claims processes for clients.

Arctic Wolf Threat Report Highlights Sharp Rise in Ransom Demands and BEC Incidents

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화요일, 2월 20, 2024
Cloud, AI, Intelligence, SVP, EDEN, Tokio Marine, Arctic, Incident, Government, Risk, Organization, Energy, Corporate services, Machine learning, HCC, Research

EDEN PRAIRIE, Minn., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Arctic Wolf ®, a global leader in security operations, today published its annual Arctic Wolf Labs Threat Report .

Key Points: 
  • EDEN PRAIRIE, Minn., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Arctic Wolf ®, a global leader in security operations, today published its annual Arctic Wolf Labs Threat Report .
  • Created with threat, malware, digital forensics, and incident response case data that Arctic Wolf collects across the entire security operations framework, the Arctic Wolf Labs Threat Report delves deep into the cybercrime ecosystem, highlighting current global threat trends and offering strategic cybersecurity recommendations for the year ahead.
  • “Resources like the Arctic Wolf Labs Threat Report assist carriers and businesses in understanding the current and future cybersecurity landscape.
  • For additional insights from the 2024 Arctic Wolf Labs Threat Report, visit arcticwolf.com to download the full report .

PURE Insurance Fills Two Key Leadership Roles as the Brand Positions for Future Growth and Expansion

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화요일, 3월 5, 2024
Acquisition, Farmers Insurance Group, Zurich Insurance Group, Farmer, Tokio Marine, PUI, Allstate, Insurance, Private Asset Management, Dea, PURE, Management

Both appointments come on the heels of Martin Leitch and Dave Logan assuming the roles of Chief Executive Officer and President, respectively.

Key Points: 
  • Both appointments come on the heels of Martin Leitch and Dave Logan assuming the roles of Chief Executive Officer and President, respectively.
  • As Chief Underwriting Officer, Saad will oversee PURE's Underwriting and Product teams.
  • Having previously served in senior underwriting and product leadership roles at Allstate, Farmers Insurance and Zurich Insurance Group, Saad brings with him more than 15 years of technical expertise and strategic perspective in both personal and commercial lines.
  • Dea Malollari is expanding her role with the appointment to Chief Risk Officer while retaining her current responsibilities as Chief Actuary.

Pace Center for Girls: Empowering Tomorrow's Leaders at the Florida Capitol

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월요일, 1월 22, 2024
Woman, Senior counsel, Tokio Marine, Senate, Florida Lottery, State, Ashbritt, Pace Center for Girls, Capitol, Charter Communications, Department of Juvenile Justice, Trustee, TECO, Florida House, Florida Senate, Juvenile, Education, Toy

Jacksonville, Fl., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Pace Center for Girls (Pace), a nationally recognized model that provides education, counseling, training and advocacy for girls and young women, hosted its annual Pace Day at the Capitol event on January 16-17, 2024.

Key Points: 
  • Jacksonville, Fl., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Pace Center for Girls (Pace), a nationally recognized model that provides education, counseling, training and advocacy for girls and young women, hosted its annual Pace Day at the Capitol event on January 16-17, 2024.
  • More than 100 Pace girls from across the state met with members of the Florida House, Florida Senate and other elected officials and leaders to share the impact of Pace’s model.
  • “I learned a lot about myself at Pace Day at the Capitol.
  • Eight out of 10 girls that attend Pace graduate from high school, pursue higher education or secure employment after the program.

Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology

Retrieved on: 
목요일, 1월 11, 2024
EVP, TPA, Insurance, AWS, Tokio Marine, Cryptocurrency

NEW YORK, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Korr, an insurtech startup based in New York City, announces the closing of a $3.2 million seed funding round. The round was led by Motive Ventures along with Tokio Marine Future Fund, marking a significant step in Korr's journey to modernize insurance technology. Early investors include Plug and Play Ventures.

Key Points: 
  • A startup modernizing insurance technology announces $3.2 million in seed funding.
  • NEW YORK, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Korr, an insurtech startup based in New York City, announces the closing of a $3.2 million seed funding round.
  • The round was led by Motive Ventures along with Tokio Marine Future Fund , marking a significant step in Korr's journey to modernize insurance technology.
  • Currently Korr is undertaking a large transformation initiative including system replacement using Korr's proprietary technology for a TPA in the US insurance market.

WorldTrips Launches Atlas Nomads for Remote Workers and Global Travelers

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목요일, 1월 4, 2024
Atlas, Travel, Culture, Learning, Tokio Marine, Sickness, Accident, HCC, Insurance, Tokio Marine HCC, Health insurance

In an era where remote work is not just a possibility, but a lifestyle, Atlas Nomads offers a travel health insurance option for remote workers.

Key Points: 
  • In an era where remote work is not just a possibility, but a lifestyle, Atlas Nomads offers a travel health insurance option for remote workers.
  • Atlas Nomads Is Designed for Those Seeking:
    Coverage for unexpected medical expenses, including an Emergency Medical Evacuation benefit.
  • "Atlas Nomads understands the unique challenges faced by digital nomads and perpetual travelers.
  • Atlas Nomads is flexible digital nomad health insurance that provides travelers with coverage for unexpected accidents, sickness and travel mishaps while working abroad.

AM Best Affirms Tokio Marine HCC Insurance Company Ratings of A++ With Stable Outlook

Retrieved on: 
화요일, 12월 12, 2023
Credit, HCC, Tokio Marine HCC, AM Best, Risk management, Tokio Marine, Superior, Insurance

HOUSTON, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Tokio Marine HCC today announced that AM Best has affirmed the ‘A++’ (Superior) Financial Strength Ratings and ‘aa+’ Long-Term Issuer Credit Ratings of the property/casualty insurance companies in the Houston Casualty Group and HCC Life Insurance Company.

Key Points: 
  • HOUSTON, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Tokio Marine HCC today announced that AM Best has affirmed the ‘A++’ (Superior) Financial Strength Ratings and ‘aa+’ Long-Term Issuer Credit Ratings of the property/casualty insurance companies in the Houston Casualty Group and HCC Life Insurance Company.
  • The outlook for all of these ratings is Stable.
  • “We are pleased with AM Best’s affirmation of Tokio Marine HCC's ratings.
  • The following property/casualty insurance companies comprise Houston Casualty Group, as defined by AM Best: