Tokio Marine

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

Retrieved on: 
Tuesday, February 20, 2024

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

Retrieved on: 
Tuesday, March 5, 2024

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

Retrieved on: 
Monday, January 22, 2024

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: 
Thursday, January 11, 2024

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

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 Houston Casualty Group Members and Affiliates

Retrieved on: 
Friday, December 8, 2023

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the property/casualty (P/C) members of Houston Casualty Group.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the property/casualty (P/C) members of Houston Casualty Group.
  • The outlook of these Credit Ratings (ratings) is stable.
  • The ratings also reflect the rating enhancement it receives from its affiliation with Houston Casualty Group.
  • The FSR of A++ (Superior) and the Long-Term ICRs of “aa+” (Superior) have been affirmed with stable outlooks for the following members of the Houston Casualty Group:

AM Best Affirms Credit Ratings of Philadelphia Insurance Companies’ Members

Retrieved on: 
Friday, December 8, 2023

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” (Superior) of Philadelphia Indemnity Insurance Company and its affiliate, Tokio Marine Specialty Insurance Company (both headquartered in Bala Cynwyd, PA), which operate under a pooling agreement, collectively referred to as Philadelphia Insurance Companies (Philadelphia).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” (Superior) of Philadelphia Indemnity Insurance Company and its affiliate, Tokio Marine Specialty Insurance Company (both headquartered in Bala Cynwyd, PA), which operate under a pooling agreement, collectively referred to as Philadelphia Insurance Companies (Philadelphia).
  • 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 .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Affirms Credit Ratings of Delphi Financial Group, Inc. and Its Subsidiaries

Retrieved on: 
Wednesday, November 15, 2023

Concurrently, AM Best has affirmed the Long Term ICR of “a+” (Excellent) and the Long-Term Issue Credit Rating (Long-Term IR) of “a-” (Excellent) of DFG.

Key Points: 
  • Concurrently, AM Best has affirmed the Long Term ICR of “a+” (Excellent) and the Long-Term Issue Credit Rating (Long-Term IR) of “a-” (Excellent) of DFG.
  • The outlook of all 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 .

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 .