Tokio Marine Insurance Review
Is Tokio Marine a Good Insurance Company?
Pros and Cons of Tokio Marine Insurance
Pros
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Focuses on niche insurance needs that might not be covered by traditional policies, giving targeted protection. -
Backed by Tokio Marine Group, which is highly rated (A++ by A.M. Best), indicating strong financial health and reliability.
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Consistently develops new insurance products to cover emerging risks, like cyber and tech liability.
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Access to Tokio Marine’s worldwide resources, providing global support and reach for international clients.
Cons
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Primarily serves niche markets, so traditional insurance needs (like auto or home) are not a primary focus. -
As specialty insurance, policies might be more costly than those from standard carriers due to their niche nature.
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Coverage can be complex, requiring in-depth understanding or legal assistance to ensure accurate policy alignment with needs.
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Some products may only be accessible to certain industries or clients with specific risk profiles, limiting broader accessibility.
| Insurance Category | Products Under Each Category |
|---|---|
| Aviation | Avemco Personal Aircraft – Owned, Avemco Personal Aircraft – Non-Owned, International Aviation, Airports, General Aviation, Specialty Risks – Aviation, |
| Casual Liability | Artisan Excess Liability, Artisan General Liability, Artisan Professional Liability, Artisan Remodelers Liability, Excess Casualty, Product Liability, |
| Contingency | Commercial Production Protection, Non-Appearance, Cost Containment, Event Cancellation, Event Weather, Golf Tournament Cancellation, Transmission Interruption, Contractual Bonus, Income Stabilization, Over Redemption, Prize Indemnity, Weather Promotions, Amateur Sports, Special Event Liability, Tenant User Liability, |
| Credit and Political Risk | CEND, Contract Frustration, Coverage for Financial Institutions, Excess of Loss, Medium Term Credit, Non-Trade Credit, Political Perils, Single or Multi-Transaction, Sovereign Non-Payment, Top Account and Named Buyers, Top-Up Credit, Whole Turnover, |
| Crisis Management Insurance | Active Assailant, Kidnap and Ransom, Maritime Piracy, Product Contamination, Restaurant Recovery, |
| Crop | Crop Hail, Multiple Peril Crop Insurance, Private Products, |
| Cyber and Tech | Cyber for Healthcare, Regulatory Billing E&O, Cyber (NetGuard Plus), Professional Cyber Liability, Technology E&O, Cyber for Individuals, |
| Energy | Energy |
| Fiduciary and Crime | Fiduciary Liability, Financial Institutions Bond and Commercial Crime, |
| Financial and Professional | Directors and Officers, Diversified Financial Products, Employment Practices Liability, |
| Global Travel Insurance | Atlas Group Travel Medical Insurance, Atlas Journey Trip Protection Insurance, Atlas MultiTrip Annual Travel Medical Insurance, Atlas On-The-Go Post-Departure Insurance, Atlas Premium Travel Medical Insurance, Atlas Travel Medical Insurance, Student Secure International Medical Insurance, Travel Risk Management, |
| Marine | Margine Cargo, Marine Cargo – Portia, Marine Hull, Maritime Piracy, |
| Medical Stop Loss | Captive Stop Loss, Cell and Gene Therapy, Level Funded, Medical Stop Loss, Organ Transplant, Taft-Hartley, |
| Prestige Disability – High Limit Disability | Board Talent Protection, Buy Sell Disability, Contingent Personal Accident, Critical Asset Protection, Key Person Disability, Permanent Total Disability, |
| Professional Liability | Allied Healthcare Professional Liability, Architects and Engineers Professional Liability, Contractors Professional Liability, Employment Practices Liability (EPL), Franchise and Affinity Groups Employment Practices Liability (EPL,) Insurance Agents Professional Liability, Lawyers Professional Liability, Accountants E&O, Miscellaneous E&O for Medical Billers, Miscellaneous Professional Liability, Real Estate Professional Liability, Scientists Professional Liability, Sexual Misconduct and Molestation Liability , Tenant Discrimination, |
| Public Entity | FirstFire, Michigan Township Participating Plan, Public Entity P&C Coverages, Water Districts, |
| Renewables | Renewables |
| Structured Products | Mortgage (Re)Insurance, Residual Value Guaranty, Structured Guaranty Insurance, Title (Re)Insurance, |
| Supplemental Health | MedPlus |
| Surety Bonds | Commerical License Permit and Miscellaneous Bonds, Contract Performance and Payment Bonds, Court Judicial Probate and Fiduciary Bonds, Customs Bonds, Energy Bonds, Large National Commercial Surety, |
| Transactional Risk Insurance | Representations and Warranties (W&I) |
| Turnkey Reinsurance and Programs | Cuber for Farms (Farm CyberPlus), Cyber for Individuals (Personal CyberPlus), Cyber Liability, Employment Practices Liability (SME, |
Sample of customer reviews
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(4 Reviews)
5
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2
1
Reviews
Paul Sidgraves
Great Place ! Loved meeting the employees that worked in the building
Denis
They will nether pay your claim asking millions silly questions and making mistakes almost everywhere in their own systems.
Steve Wald
I have filed a complaint against their insured’s bond. Tokio Marine HCC works very hard to drag out the claims process in hopes of not paying out on claims. Proceeding with legal action and complaint against HCC Tokio Marine with the Department of Insurance as next step. Not what you would expect from an insurance surety company.
Ilango Dj
Excellent insurance provider.
Source: Google Reviews, Yelp
Carlos Ramirez is a licensed insurance agent with 12 years of experience helping clients protect their homes, vehicles, and businesses. Based in Colorado and licensed in 30+ states, he makes insurance simple and practical. His writing draws from real experience to help readers make clear, confident coverage decisions.