Tokio Marine HCC

WorldTrips Launches Atlas Nomads for Remote Workers and Global Travelers

Retrieved on: 
Thursday, January 4, 2024

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: 
Tuesday, December 12, 2023

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:

AM Best Affirms Credit Ratings of Tokio Marine HCC Mexico Compañía Afianzadora, S.A. de C.V.

Retrieved on: 
Tuesday, November 7, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent), the Long-Term Issuer Credit Rating of “a” (Excellent) and the Mexico National Scale Rating of “aaa.MX” (Exceptional) of Tokio Marine HCC Mexico Compañía Afianzadora, S.A. de C.V. (TMHCC Mexico) (Mexico City, Mexico).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent), the Long-Term Issuer Credit Rating of “a” (Excellent) and the Mexico National Scale Rating of “aaa.MX” (Exceptional) of Tokio Marine HCC Mexico Compañía Afianzadora, S.A. de C.V. (TMHCC Mexico) (Mexico City, Mexico).
  • HC and TMHCC Mexico also have a sister company, Tokio Marine Compañía de Seguros, S.A. de C.V. (TMX), which is domiciled in Mexico.
  • 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 .

Applied Underwriters Unveils United Risk, Taps Industry Leader Dan Malloy as CEO

Retrieved on: 
Tuesday, November 7, 2023

OMAHA, Neb., Nov. 7, 2023 /PRNewswire/ -- Applied Underwriters today announced the unveiling of United Risk and the naming of former SiriusPoint CEO and industry leader Dan Malloy to head the newly consolidated enterprise. Built up over the last three years within a single operating platform, United Risk now brings together the entirety of Applied Underwriters' multibillion-dollar MGA and MGU businesses into a single cohesive brand to spur its already remarkable growth.

Key Points: 
  • Newly consolidated top-level holding company harnesses billions in MGA premium, set to expand in select markets with elite veteran teams
    OMAHA, Neb., Nov. 7, 2023 /PRNewswire/ -- Applied Underwriters today announced the unveiling of United Risk and the naming of former SiriusPoint CEO and industry leader Dan Malloy to head the newly consolidated enterprise.
  • Mr. Malloy has been named CEO of United Risk.
  • United Risk will be headquartered on two floors in its new 50 Rockefeller Plaza offices in New York.
  • Our continuing and unprecedented aggregation of talent tells it all: the greater Applied Underwriters organization is here to stay as a contender."

Applied Underwriters Unveils United Risk, Taps Industry Leader Dan Malloy as CEO

Retrieved on: 
Tuesday, November 7, 2023

OMAHA, Neb., Nov. 7, 2023 /PRNewswire/ -- Applied Underwriters today announced the unveiling of United Risk and the naming of former SiriusPoint CEO and industry leader Dan Malloy to head the newly consolidated enterprise. Built up over the last three years within a single operating platform, United Risk now brings together the entirety of Applied Underwriters' multibillion-dollar MGA and MGU businesses into a single cohesive brand to spur its already remarkable growth.

Key Points: 
  • Newly consolidated top-level holding company harnesses billions in MGA premium, set to expand in select markets with elite veteran teams
    OMAHA, Neb., Nov. 7, 2023 /PRNewswire/ -- Applied Underwriters today announced the unveiling of United Risk and the naming of former SiriusPoint CEO and industry leader Dan Malloy to head the newly consolidated enterprise.
  • Mr. Malloy has been named CEO of United Risk.
  • United Risk will be headquartered on two floors in its new 50 Rockefeller Plaza offices in New York.
  • Our continuing and unprecedented aggregation of talent tells it all: the greater Applied Underwriters organization is here to stay as a contender."

Tokio Marine HCC – Cyber & Professional Lines Group Welcomes Catherine Lyle as Head of Cyber Claims & Incident Response

Retrieved on: 
Tuesday, September 26, 2023

ENCINO, Calif., Sept. 26, 2023 (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 that Catherine Lyle has been named Senior Vice President and Head of Cyber Claims & Incident Response, effective September 25, 2023, reporting to Michael Palotay, the group’s President.

Key Points: 
  • ENCINO, Calif., Sept. 26, 2023 (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 that Catherine Lyle has been named Senior Vice President and Head of Cyber Claims & Incident Response, effective September 25, 2023, reporting to Michael Palotay, the group’s President.
  • In her new role, Ms. Lyle will oversee and build upon the group’s cyber claims department and incident response team.
  • “I am excited to announce the arrival of Catherine Lyle at a time when there’s notable momentum in the Cyber & Professional Lines Group.
  • In addition, Ms. Lyle is a professor, published author and gifted privacy attorney who speaks globally on cyber trends, law and claims.

Tokio Marine HCC – Public Risk Group Acquires the Renewal Rights to Intact Insurance Group USA LLC’s FirstFire™ Business

Retrieved on: 
Wednesday, August 9, 2023

AUBURN HILLS, Mich., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Tokio Marine HCC – Public Risk Group, a member of the Tokio Marine HCC group of companies based in Houston, Texas, and a leading provider of insurance solutions for public entities, today announced it has entered into an agreement to acquire the renewal rights to the FirstFire™ portfolio of Intact Insurance Group USA LLC (Intact).

Key Points: 
  • AUBURN HILLS, Mich., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Tokio Marine HCC – Public Risk Group, a member of the Tokio Marine HCC group of companies based in Houston, Texas, and a leading provider of insurance solutions for public entities, today announced it has entered into an agreement to acquire the renewal rights to the FirstFire™ portfolio of Intact Insurance Group USA LLC (Intact).
  • FirstFire policies protect volunteer and professional fire departments, emergency responders and municipalities through property and casualty insurance and risk management solutions.
  • “The FirstFire product is a strong, strategic fit for us,” said Christopher Skarinka, President of Tokio Marine HCC – Public Risk Group.
  • “This transaction will enable us to proudly expand our protection of those who serve the American public, which is core to our mission of serving communities.”
    As part of the acquisition, long-time Intact employees who service FirstFire policies have become full-time Tokio Marine HCC – Public Risk Group employees.

Fitch Affirms Tokio Marine HCC’s Insurance Company Ratings Of ‘AA-’ With Stable Outlook

Retrieved on: 
Wednesday, August 2, 2023

HOUSTON, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Tokio Marine HCC (TMHCC), headquartered in Houston, Texas, today announced that Fitch Ratings has affirmed the ‘AA-’ (Very Strong) Insurer Financial Strength (IFS) Ratings for its insurance company subsidiaries and the ‘A’ Long-Term Issuer Default Rating for HCC Insurance Holdings, Inc.

Key Points: 
  • HOUSTON, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Tokio Marine HCC (TMHCC), headquartered in Houston, Texas, today announced that Fitch Ratings has affirmed the ‘AA-’ (Very Strong) Insurer Financial Strength (IFS) Ratings for its insurance company subsidiaries and the ‘A’ Long-Term Issuer Default Rating for HCC Insurance Holdings, Inc.
  • The outlook for all of Fitch’s ratings is Stable.
  • “At Tokio Marine HCC, we are delighted with Fitch’s affirmation of our ‘AA-’ financial strength ratings which reflects our consistently profitable results, strong underwriting culture, leadership in specialty insurance markets and solid capital position,” said Susan Rivera, Tokio Marine HCC’s Chief Executive Officer.
  • These IFS Ratings apply to the following insurance company subsidiaries:

Tokio Marine HCC Improves Online Experience With Its New Look Website

Retrieved on: 
Thursday, July 27, 2023

HOUSTON, July 27, 2023 (GLOBE NEWSWIRE) -- Tokio Marine HCC, headquartered in Houston, Texas, today announced it has overhauled its website reflecting a fresh new brand look, as it continues its journey to deliver an easier and more rewarding online experience for all its stakeholders.

Key Points: 
  • HOUSTON, July 27, 2023 (GLOBE NEWSWIRE) -- Tokio Marine HCC, headquartered in Houston, Texas, today announced it has overhauled its website reflecting a fresh new brand look, as it continues its journey to deliver an easier and more rewarding online experience for all its stakeholders.
  • The new look website has been designed to make the vast number of specialty insurance products and services offered by Tokio Marine HCC much easier to find.
  • Brokers, agents and insureds can now navigate the website via the type of product for which they are looking, or by the specialty or team with whom they want to connect.
  • Tokio Marine HCC’s expertise, characterized by its years of collective underwriting experience, is now much more apparent to brokers and clients alike through a host of videos, webinars and thought leadership pieces in addition to training and development tools.

Tokio Marine HCC Announces Agreement to Acquire Provider of Group Supplemental Gap Medical Coverage

Retrieved on: 
Tuesday, July 18, 2023

Group gap medical coverage is a new, profitable product addition to Tokio Marine HCC.

Key Points: 
  • Group gap medical coverage is a new, profitable product addition to Tokio Marine HCC.
  • “Group gap medical coverage is an attractive addition to Tokio Marine HCC’s large and diversified portfolio of specialty insurance products.
  • “Tokio Marine HCC – Stop Loss Group believes that MedPlus enhances our existing business, and we enthusiastically welcome Gulf Guaranty’s employees to the Tokio Marine HCC family.
  • Today, Tokio Marine HCC – Stop Loss Group covers over 3,500 self-funded employers and union plans for medical stop loss and another 1,000 groups with organ transplant insurance.