Tom Hoad News

Markets/Coverages: Howden Launches Innovation Hub With £500M of Delegated Underwriting Capacity, Commits £10M for Insurtech Funding

Howden, the London-based insurance group, has launched Howden Ventures, subject to Lloyd’s approval, with £500 million ($607.1 million) of delegated underwriting capacity, to create an investment and risk incubator that will fast-track insurance product development. Howden Ventures will draw expertise …

Tokio Marine Kiln Forms Strategic Agreement with Australian Insurtech Firm Evari

Tokio Marine Kiln (TMK), the specialist and corporate insurance business, announced it has formed a strategic agreement with Australian insurtech firm Evari. The agreement will allow TMK to access Evari’s digital insurance platform and on-demand products in the Australian market. …

TMK Offers Construction Insurance in UK, Ireland via Online Broker Portal

Tokio Marine Kiln (TMK), the international specialist insurance business, has added construction to its One TMK broker portal. The tailor-made construction insurance product is underwritten through a fully automated process, TMK said, noting the platform provides an efficient way for …

TMK Launches Unmanned Aerial Systems Cover via Its Online Platform

Tokio Marine Kiln (TMK) has added unmanned aerial systems (UAS) insurance to its One TMK digital exchange, which will allow brokers to quote and bind UAS policies online in real time from wherever they are in the world. The product, …