Tokio Marine Kiln Completes Sale of U.S. Construction Business to Intact Insurance Group

Drone View of a Home being Framed by Carpenters

Tokio Marine Kiln (TMK) has completed its sale of Tokio Marine Highland’s (TMH) U.S. construction division to Intact Insurance Group USA LLC (Intact) with effect from 1 August 2022. The construction division, ‘Highland’, led by Rick Girden, President, and Kaileigh Bowe, EVP, employs approximately 40 people and is headquartered in Naperville, Illinois, all of whom… Continue reading Tokio Marine Kiln Completes Sale of U.S. Construction Business to Intact Insurance Group

Tokio Marine Kiln Launches Intellectual Property Abatement Insurance for U.S.-based SMEs

Tokio Marine Kiln (TMK), a leading specialist insurer, has launched IP Abatement insurance for clients in the US. The product will be available for Micro-Enterprise and Small to Medium size clients with revenues under $100 million. Target organizations for the product will be start-ups holding intellectual property rights. The abatement add-on product will cover legal… Continue reading Tokio Marine Kiln Launches Intellectual Property Abatement Insurance for U.S.-based SMEs

New Sexual Harassment Claims at Lloyd’s of London MGA TMK Deepens Scandal

Lloyd's underwriting profit

Two executives at a top Lloyd’s of London insurance company have resigned following allegations of sexual harassment. One was accused of groping colleagues at a booze-fueled party, the other of stalking a junior employee. The first executive was said to have grabbed one colleague’s buttocks, unbuttoned another’s shirt and made lewd sexual remarks at a… Continue reading New Sexual Harassment Claims at Lloyd’s of London MGA TMK Deepens Scandal