Tokio Marine HCC – Cyber and Professional Lines Group won Five Star Award for Professional Liability Insurance.
Online PR News – 19-December-2020 – Encino, CA – Tokio Marine HCC – Cyber and Professional Lines Group has won a highly coveted Five-Star Award from global magazine Insurance Business. The award is presented after months of research and voting from within the insurance industry itself.
The Cyber and Professional Lines Group won its Excellence in Professional Liability award for its Professional Liability insurance products.
“This award really recognises the products that insurance brokers think are the best for their clients,” said Insurance Business America (IBA) Research Director Claire Preen. “Brokers deal with a wide range of products every day, so their recommendations are incredibly important.”
IBA asked thousands of brokers through surveys and one-on-one interviews to rate their carriers across multiple areas such as claims services, access to risk mitigation partners, underwriting expertise, and of course, the strength of the Professional Liability products. The highest-scoring companies were awarded five-star designations. The Cyber and Professional Lines Group received a five-star rating in three categories: Miscellaneous Professional Liability, Contractors Professional Liability, and Architects and Engineers Professional Liability.
"With underwriters who have many years’ experience, as well as deep specialty and technical expertise, we’re proud to be acknowledged as global experts in understanding risk,” says Dan Mogelnicki, Senior Vice President - Professional Lines Underwriting of the Cyber and Professional Lines Group. “Our underwriters are recognized as some of the most experienced and knowledgeable in the industry. They create bespoke solutions, respond proactively to market changes, and deliver on quick turnaround times that benefit our producers. Their synergy with the claims department provides the best-in-class service and risk management tools for our policyholders.”
Tokio Marine HCC - Cyber and Professional Lines Group is the marketing name used to describe the cyber and professional lines-related insurance operations of Tokio Marine HCC. The Cyber and Professional Lines Group’s product offering includes cyber, technology errors and omissions (E&O), employment practices insurance, miscellaneous professional liability, contractors’ professional liability, architects and engineers, scientists’ liability, allied
professional liability, sexual misconduct and tenant discrimination. For more information about the Cyber and Professional Lines Group, please visit http://www.tokiomarinehcc.com/pro.
Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $30 billion as of September 30, 2020. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’s major domestic insurance companies have financial strength ratings of “A+ (Strong)” from S&P Global Ratings, “A++ (Superior)” from A.M. Best, and “AA- (Very Strong)” from Fitch Ratings; its major international insurance companies have financial strength ratings of “A+ (Strong)” from S&P Global Ratings. Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. For more information about Tokio Marine HCC, please visit http://www.tokiomarinehcc.com.
The full report is available in issue 8.12 of Insurance Business America, out now or find out more about Tokio Marine HCC at Insurance Business America Magazine website.