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:
Perry Hughes
Vice President, Account Executive, Property, Commercial Insurance Solutions
Tim Shannon, MBA, CIP, CRM
Assistant Vice President, Small & Medium Sized Enterprises
Rene-Philippe Jobin
Assistant Vice President, Casualty, Commercial Insurance Solutions
Sonia Piteo
Assistant Vice President, Casualty, Commercial Insurance Solutions