Tokio Marine Nichido

Tokio Marine Nichido and Eisai Co-Develop Industry's First "Dementia Care Support Insurance"

Retrieved on: 
Thursday, September 28, 2023
Insurance, Male, Alzheimer's disease, Smartphone, Policy, Pathology, Tokio Marine Nichido, Hope, PET, Attention, Dementia, Organization, Eisai, Patient, Self-assessment, Diagnosis, Ageing, Memory, Disease, Residential care

TOKYO, Sept 28, 2023 - (JCN Newswire) - Tokio Marine & Nichido Fire Insurance Co., Ltd. and Eisai Co., Ltd. announced that they have co-developed "Dementia Care Support Insurance" to financially support early detection and early treatment for dementia as a part of their business alliance for the realization of a Dementia Inclusive Society.

Key Points: 
  • TOKYO, Sept 28, 2023 - (JCN Newswire) - Tokio Marine & Nichido Fire Insurance Co., Ltd. and Eisai Co., Ltd. announced that they have co-developed "Dementia Care Support Insurance" to financially support early detection and early treatment for dementia as a part of their business alliance for the realization of a Dementia Inclusive Society.
  • Amid such circumstances, the two companies co-developed a new insurance product, "Dementia Care Support Insurance" to financially support early detection and early treatment of the disease, with the expertise Tokio Marine Nichido has developed through dealing with insurance products and related services and Eisai's extensive experience in the field of dementia.
  • Since these tests and treatments require a certain level of out-of-pocket expenses, the following coverage will be provided for financial support.
  • Tokio Marine Nichido and Eisai will further promote efforts to resolve various social challenges by expanding our network through collaboration with various companies and organizations, to realize a Dementia Inclusive Society.

Sierra Space Increases Total Investment to a Record $1.7 Billion with $290M Series B Funding, Bringing Valuation to $5.3 Billion

Retrieved on: 
Tuesday, September 26, 2023
Professional Services, Technology, Satellite, Aerospace, Manufacturing, Venture Capital, Sierra Nevada Corporation, Partnership, Mitsubishi Heavy Industries, MUFG, Orbit, Dream, ISS, JAXA, International Space Station, Multimedia, Tokio Marine Nichido, Citigroup, NASA, LEO, Dream Chaser, Growth, Origins of the International Space Station, Oita Airport, MUFG Bank, Space, Video game, Japan Airlines

The round brings the company’s total capital raised to $1.7 billion, the largest ever capital raise by a commercial space company over the combined Series A and B rounds.

Key Points: 
  • The round brings the company’s total capital raised to $1.7 billion, the largest ever capital raise by a commercial space company over the combined Series A and B rounds.
  • This latest milestone elevates Sierra Space’s valuation to $5.3 billion and reaffirms the company’s position as a leader in the new global space industry.
  • "Sierra Space is excited to create a long-term strategic relationship with our Japanese investors and industry partners,” said Tom Vice, CEO of Sierra Space.
  • Citi acted as private placement agent to Sierra Space on this Series B transaction.

Philadelphia Insurance Companies CEO Named to Tokio Marine Holdings Executive Position

Retrieved on: 
Tuesday, February 28, 2023
Coronavirus, Internal audit, Tokio Marine, Acquisition, Tokio Marine Nichido, Management, Corporate communication, Glomb, Accounting, Insurance

BALA CYNWYD, Pa., Feb. 28, 2023 /PRNewswire/ -- Philadelphia Insurance Companies (PHLY) announces the appointment of President and CEO John W. Glomb, Jr. to Executive Officer with Tokio Marine Holdings, Inc. The appointment is effective as of April 1, 2023.

Key Points: 
  • BALA CYNWYD, Pa., Feb. 28, 2023 /PRNewswire/ -- Philadelphia Insurance Companies (PHLY) announces the appointment of President and CEO John W. Glomb, Jr. to Executive Officer with Tokio Marine Holdings, Inc.
  • Mr. Glomb will continue to serve as CEO at PHLY and Tokio Marine North America Services while supporting global efforts in his new Executive Officer role with Tokio Marine Holdings, Inc.
  • In 2008, Philadelphia Insurance Companies was the first major U.S. acquisition for the Tokio Marine Group.
  • The Tokio Marine Group is the international network of leading insurance businesses owned and invested in by Tokio Marine Holdings.

Philadelphia Insurance Companies CEO Named to Tokio Marine Holdings Executive Position

Retrieved on: 
Tuesday, February 28, 2023
Coronavirus, Internal audit, Tokio Marine, Acquisition, Tokio Marine Nichido, Management, Corporate communication, Glomb, Accounting, Insurance

BALA CYNWYD, Pa., Feb. 28, 2023 /PRNewswire-PRWeb/ -- Philadelphia Insurance Companies (PHLY) announces the appointment of President and CEO John W. Glomb, Jr. to Executive Officer with Tokio Marine Holdings, Inc. The appointment is effective as of April 1, 2023.

Key Points: 
  • BALA CYNWYD, Pa., Feb. 28, 2023 /PRNewswire-PRWeb/ -- Philadelphia Insurance Companies (PHLY) announces the appointment of President and CEO John W. Glomb, Jr. to Executive Officer with Tokio Marine Holdings, Inc.
  • Mr. Glomb will continue to serve as CEO at PHLY and Tokio Marine North America Services while supporting global efforts in his new Executive Officer role with Tokio Marine Holdings, Inc.
  • In 2008, Philadelphia Insurance Companies was the first major U.S. acquisition for the Tokio Marine Group.
  • The Tokio Marine Group is the international network of leading insurance businesses owned and invested in by Tokio Marine Holdings.

Reliance Standard Life Insurance and Matrix Absence Management Rebrand as Reliance Matrix, Delivering High-Tech and High-Touch Solutions to the U.S. Employee Benefits and Absence Management Markets

Retrieved on: 
Monday, January 23, 2023
Legal, Technology, Insurance, Human Resources, Consulting, Other Technology, Professional Services, Data Management, Other Professional Services, Tokyo Stock Exchange, Retirement, Consultant, Workforce, Silicon, Risk, Index, Tokio Marine, TPA, Tokio Marine Nichido, Multimedia, Society, Health insurance, Sales, Financial services, Matrix

The two industry leaders have joined forces to bring integrated and personalized employee benefits, absence management and workforce productivity solutions to the U.S. employer market.

Key Points: 
  • The two industry leaders have joined forces to bring integrated and personalized employee benefits, absence management and workforce productivity solutions to the U.S. employer market.
  • View the full release here: https://www.businesswire.com/news/home/20230123005009/en/
    “Human capital is an employer’s most precious asset,” said Chris Fazzini, President and CEO of Reliance Matrix.
  • Reliance Matrix markets solutions through independent brokers, agents, consultants and technology partners nationwide.
  • Born in 1907, Reliance Standard Life Insurance Company is a leading provider of employee benefits, absence management and retirement savings solutions.

Nell Walker named to Product Compliance lead at Matrix Absence Management

Retrieved on: 
Monday, November 7, 2022
Consulting, Business, Professional Services, Insurance, Human Resources, MetLife, Senior, Assistant, Nell, Compliance, Cigna, Board, Associate, HR, Tokio Marine Nichido, Senior counsel, Disability, Chief compliance officer, Partnership, General counsel, Unum, Multimedia, Management, Insurance, Matrix, Mednax

Matrix Absence Management (Matrix), a leader in helping employers proactively manage employee absence and work force productivity, has named Nell Walker Vice President, Deputy General Counsel & Chief Compliance Officer.

Key Points: 
  • Matrix Absence Management (Matrix), a leader in helping employers proactively manage employee absence and work force productivity, has named Nell Walker Vice President, Deputy General Counsel & Chief Compliance Officer.
  • View the full release here: https://www.businesswire.com/news/home/20221107005967/en/
    Nell Walker, Vice President, Deputy General Counsel & Chief Compliance Officer, Matrix Absence Management (Photo: Business Wire)
    In her new role, Ms. Walker oversees an all-attorney Product Compliance team responsible for development, deployment and refinement of Matrixs service offerings.
  • Reporting to Matrix President Mark Marsters, she will also work closely with Reliance Standards Product Strategy team to build and refine integrated solutions and best practices related to absence, disability and productivity.
  • Matrix Absence Management and sister company Reliance Standard Life Insurance Company are members of the Tokio Marine Group.

Tokio Marine North America Services Appoints Two New Officers

Retrieved on: 
Saturday, October 15, 2022
Biophysical environment, Tokio Marine Nichido, Chubb Limited, Casualty, Corporate communication, ESG, Organization, Psychology, FCAS, SVP, MAAA, Enterprise risk management, Accounting, CEO, Tokio Marine, American Academy of Actuaries, American Academy, Dartmouth College, Human resources, Liability (financial accounting), Bachelor, Internal audit, TMNA, Leadership, Management, Insurance, Mathematics, Facility, Social, Boston College

BALA CYNWYD, Pa., Oct. 14, 2022 /PRNewswire-PRWeb/ -- Two industry experts with a total of 67 years of experience are taking over Officer roles at Tokio Marine North America Services (TMNAS).

Key Points: 
  • In his new role, Mr. Kilroy will assume responsibility for the TMNAS Actuarial team and the services it provides to the Tokio Marine North America (TMNA) companies, including Philadelphia Insurance Companies, Tokio Marine America, and First Insurance Company of Hawaii.
  • "Joe and Jackie have both brought valuable experience to our Actuarial team and their leadership has been critical in supporting our Tokio Marine North America companies' profitability and growth goals in a challenging market," said John Glomb, CEO of TMNA Services.
  • Tokio Marine North America Services (TMNAS) delivers core professional services across the U.S. and Mexico to the North American businesses of the Tokio Marine Group.
  • TMNAS partners with market-leading service and technology providers in the U.S., Japan, Europe, India, and Central America to operate at the scale, speed, quality, and level of excellence appropriate to the 150-year history of the Tokio Marine Group.

Tokio Marine HCC Joins ADB to Increase Lending Capacity to Financial Institutions in Asia-Pacific

Retrieved on: 
Tuesday, August 23, 2022
Goal, Technology, Fitch Ratings, GDP, Paris Agreement, Program, Tokio Marine HCC, HCC, Tokio Marine, Poverty, Ownership, United, Organization, ADB, Social responsibility, GLOBE, Housing, United Kingdom, Knowledge, Good Company, Tokio Marine Nichido, Asian Development Bank, Superior, S&P Global Ratings, Renewable energy, Insurance, Pacific Ocean

The Tokio Marine Group is the only program participant headquartered in this region and will provide the largest portion of capacity.

Key Points: 
  • The Tokio Marine Group is the only program participant headquartered in this region and will provide the largest portion of capacity.
  • Tokio Marine HCC is pleased to partner with ADB and offer our underwriting expertise to a program that increases lending in ways which help elevate some of the poorest people in Asia-Pacific.
  • At Tokio Marine HCC and throughout the Tokio Marine Group, we are committed to a safe, secure and sustainable future for all, said Susan Rivera, Tokio Marine HCCs Chief Executive Officer.
  • Tokio Marine & Nichido in the marketing name for Tokio Marine & Nichido Fire Insurance Co., Ltd. For more information about Tokio Marine & Nichido, please visit https://www.tokiomarine-nichido.co.jp/en/ .

Arbor Ventures Establishes Strategic Partnership With Tokio Marine to Accelerate Innovation in the Insurance Industry

Retrieved on: 
Thursday, August 11, 2022
Professional Services, Insurance, Finance, The Marine and General Mutual Life Assurance Society, Cloud computing, CVC, City, Industry, Harvard Innovation Labs, Investment, VCS, VC, Tokio Marine, Financial technology, Partnership, Tokio Marine Nichido, Artificial intelligence, General officer, Solution, Financial services, Insurance

Ltd. ("Tokio Marine") today announced a strategic partnership with Arbor Ventures ("Arbor"), a leading global Fintech / InsurTech-focused venture capital firm, headquartered in Singapore.

Key Points: 
  • Ltd. ("Tokio Marine") today announced a strategic partnership with Arbor Ventures ("Arbor"), a leading global Fintech / InsurTech-focused venture capital firm, headquartered in Singapore.
  • This partnership, established through its Innovation Lab in Singapore, marks Tokio Marine's commitment to accelerating the digital transformation of the global insurance industry.
  • To accelerate the identification and development of new business models, Tokio Marine Holdings, Inc. ("Tokio Marine Holdings") has announced earlier in April 2022 on the launch of its corporate venture capital ("CVC") fund partnering with World Innovation Lab, Tokio Marine Future Fund, to invest in early-stage startups.
  • Melissa Guzy, Managing Partner of Arbor Ventures, similarly commented: "Tokio Marine is a world-renowned leader that Arbor is proud to add as a strategic partner in building the future of FinTech / InsurTech.

Tokio Marine North America Services (TMNAS) Announces New Collaboration With Akur8 to Strengthen Their Pricing Process

Retrieved on: 
Thursday, June 9, 2022
Technology, Professional Services, Insurance, Other Technology, Generali, Munich Re, Insurance, EVP, CEO, SVP, Credibility, Partnership, Multimedia, Technology, Tokio Marine Nichido, Industry, Efficiency, AXA, Risk management, Sapiens

Tokio Marine North America Services (TMNAS) and Akur8 are thrilled to announce their new partnership, which amplifies and innovates the insurance pricing capabilities at TMNAS in their key operating markets.

Key Points: 
  • Tokio Marine North America Services (TMNAS) and Akur8 are thrilled to announce their new partnership, which amplifies and innovates the insurance pricing capabilities at TMNAS in their key operating markets.
  • Tokio Marine North America Services (TMNAS) is part of the Tokio Marine Group, one of the largest insurance groups in the world, and provides professional services supporting the insurance operations of Tokio Marine Group companies, including Philadelphia Insurance, Tokio Marine America and First Insurance Company of Hawaii.
  • Akur8 is excited to expand our partnership with Tokio Marine Group through TMNAS and continue to grow our presence in North America, a highly strategic market for us.
  • Click here to learn more: https://bit.ly/Akur8-Credibility-and-Penalized-Regression
    Tokio Marine North America Services (TMNAS) was established in 2012 as the shared services company for Tokio Marine North America.