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Company Details
TECHNOLOGY INSURANCE COMPANY License Status :
Active
NAIC Number :
42376
Phone Number:
2122207120
Company Address:
800 Superior Ave. E. 21st Floor
Cleveland, OH 44114
Description:
Property and Casualty
License Number:
B420878
Date Admitted:
1997-04-10
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Property & Casualty | 0.06% | $9,898,446 | $10,718,598 | $6,341,693 | $3,900,352 | 36.39 % |
| 2023 | Commercial Multi-Peril | 0.01% | $67,757 | $73,441 | $56,448 | $171,538 | N/A |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.04% | $202,135 | $218,147 | $6,587 | $12,866 | 5.90 % |
| 2023 | Direct Workers Compensation | 0.83% | $8,930,955 | $10,035,455 | $6,245,284 | $3,520,160 | 35.08 % |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.04% | $381,936 | $345,157 | $0 | $163,901 | 47.49 % |
| 2023 | Other Liability - Warranty | 0.00% | $0 | $0 | $1,133 | $1,133 | N/A |
| 2023 | Products Liability | 0.00% | $0 | $0 | $0 | $-491 | N/A |
| 2023 | Total Commercial Automobile | 0.00% | $0 | $114 | $0 | $-985 | -864.04 % |
| 2023 | Commercial Auto Liability Bodily Injury | 0.00% | $0 | $114 | $0 | $-984 | -863.16 % |
| 2023 | Commercial Auto Comprehensive | 0.00% | $0 | $0 | $0 | $-1 | N/A |
| 2023 | Credit Unemployment | 17.98% | $315,663 | $46,284 | $32,241 | $32,230 | 69.64 % |
| 2022 | Total Property & Casualty | 0.07% | $10,124,969 | $13,653,759 | $6,470,146 | $7,251,810 | 53.11 % |
| 2022 | Commercial Multi-Peril | 0.01% | $79,259 | $170,517 | $0 | $318,888 | N/A |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.03% | $137,142 | $156,281 | $30,912 | $28,711 | 18.37 % |
| 2022 | Direct Workers Compensation | 0.93% | $9,668,520 | $13,226,328 | $6,439,251 | $6,856,004 | 51.84 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.03% | $239,847 | $99,438 | $0 | $51,695 | 51.99 % |
| 2022 | Products Liability | 0.00% | $0 | $0 | $0 | $-497 | N/A |
| 2022 | Total Commercial Automobile | 0.00% | $201 | $599 | $0 | $-2,907 | -485.31 % |
| 2022 | Commercial Auto Liability Bodily Injury | 0.00% | $201 | $567 | $0 | $-2,853 | -503.17 % |
| 2022 | Commercial Auto Comprehensive | 0.00% | $0 | $14 | $0 | $-54 | -385.71 % |
| 2022 | Commercial Auto Collision | 0.00% | $0 | $18 | $0 | $0 | 0.00 % |
| 2022 | Credit Unemployment | 0.00% | $0 | $596 | $-17 | $-84 | -14.09 % |
| 2021 | Total Property & Casualty | 0.11% | $15,028,390 | $12,280,276 | $8,064,835 | $10,208,175 | 83.13 % |
| 2021 | Commercial Multi-Peril | 0.03% | $241,986 | $166,322 | $46,651 | $115,671 | 69.55 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.01% | $41,239 | $54,175 | $38,327 | $36,053 | 66.55 % |
| 2021 | Direct Workers Compensation | 1.52% | $14,761,009 | $12,060,494 | $7,963,973 | $10,119,570 | 83.91 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.00% | $5,103 | $1,721 | $0 | $-39,099 | -2,271.88 % |
| 2021 | Other Liability - Warranty | -0.05% | $-21,782 | $-4,673 | $-3,457 | $-4,418 | N/A |
| 2021 | Products Liability | 0.00% | $0 | $0 | $0 | $-17,310 | N/A |
| 2021 | Total Commercial Automobile | 0.00% | $909 | $909 | $19,471 | $-2,023 | -222.55 % |
| 2021 | Commercial Auto Liability Bodily Injury | 0.00% | $845 | $845 | $-43,879 | $-65,426 | -7,742.72 % |
| 2021 | Commercial Auto Comprehensive | 0.00% | $27 | $27 | $43,029 | $43,065 | N/A |
| 2021 | Commercial Auto Collision | 0.00% | $37 | $37 | $20,321 | $20,338 | N/A |
| 2021 | Credit Unemployment | 0.00% | $-74 | $1,328 | $-130 | $-269 | -20.26 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
This company does not have any complaint information.
Link to Complaint Index PageCompany Changes
Effective Date: 06/01/2012
Comments: Effective 6/1/2012 this company added B3 authority.
Effective Date: 05/31/2017
Comments: Effective 5/31/2017 this company redomesticated from New Hampshire to Delaware.
Market Conduct
Date: 11/15/2021
Financial Exams
This company does not have any financial exams.