Tokio Marine Canada’s Commercial Insurance Solutions team offers comprehensive,
tailored solutions for businesses in the areas of Property and Liability.
We aspire To Be a Good Company supporting good companies, who value relationship, expert advice and a solutions-based approach to underwriting challenges.
Commercial Property
Appetite: The Company’s underwriting appetite extends to over 80% of the 773 IBC codes that are monitored.
| Target Classes | Excluded Risks |
| Construction and Contracting | Coal mining/Coal-Fired Power Generation |
| Manufacturing | Cannabis |
| Retail | Cyber-currency |
| Wholesale, Distribution, Warehousing | Underground mining |
| Commercial Realty | Fish Farms |
| Business & Professional Services | Greenhouses |
| Health Services |
Property Policy Structure options linked to Premium size:
| Account type | Premiums | Policy Structure ($20M max capacity) | Mandatory CGL / Package ? | Wording |
| Mid-Market | $25k-$100k | Straight-up or quota share | No | TMC |
| Upper Mid-Market | >$100k | Straight-up, Quota share, Primary, or Excess | No | *TMC or broker manuscript |
*Manuscript wording requires a minimum property premium of $50,000 to Tokio Marine Canada Ltd.
Optional Property Coverages can include:
- Course of Construction (Builder’s Risk)
- Flood
- Earthquake
- Sewer Back-Up
Commercial Liability
Policies:
General Liability
- Broad form including related endorsed coverages, Employers Liability, Tenants Legal and Voluntary Comp.
- Occurrence or Claims Made basis
- Monoline or Packaged
Excess and Umbrella Liability
- Occurrence or Claims Made basis
- Monoline or combined with General Liability (Minimum point of attachment = $1M)
Wrap- Up Liability
Occurrence Basis
Territory:
Covering risks domiciled in Canada including subsidiary or affiliated operations in other countries.
Classes of Business:
TMC’s Casualty target risk appetite is focused primarily on:
- General & Subcontractors
- Construction
- Erection & Installation
- Wrap-up
- Manufacturing, Distribution, Wholesale (including product sales to the USA)
- Retail Operations
- Licensed Establishments
- Commercial & Industrial Realty
Limit of liability:
Maximum limits for CGL will be $10M per occurrence and in the aggregate. For umbrella policies, there will also be a maximum limit of $10M per occurrence and in the aggregate. For any given risk, there will also be a maximum combined limit of $10M for CGL/Umbrella products.
SME
Tokio Marine Canada Small and Medium Enterprise product coming soon!
Contact our Commercial Insurance Solutions Team:
Property Team
Victoria Chow
Junior Underwiter, Property, Commercial Insurance Solutions
Perry Hughes
Vice President, Account Executive, Property, Commercial Insurance Solutions
Cindy Long, BComm, CIP
Underwriting Specialist, Property, Commercial Insurance Solutions
Casualty Team
Rene-Philippe Jobin
Assistant Vice President, Casualty, Commercial Insurance Solutions
Sonia Piteo, BSC, CIP
Assistant Vice President, Casualty, Commercial Insurance Solutions
Small & Medium Sized Enterprises
Tim Shannon, MBA, CIP, CRM
Assistant Vice President, Small & Medium Sized Enterprises, Commercial Insurance Solutions