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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 |
|---|---|---|---|---|---|---|---|
| 2021 | Total Property & Casualty | 0.05% | $15,028,390 | $12,280,276 | $8,064,835 | $10,208,175 | 83.13 % |
| 2021 | Commercial Multi-Peril | 0.01% | $241,986 | $166,322 | $46,651 | $115,671 | 69.55 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.00% | $41,239 | $54,175 | $38,327 | $36,053 | 66.55 % |
| 2021 | Direct Workers Compensation | 0.48% | $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 | -0.02% | $-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 % |
| 2020 | Total Property & Casualty | 0.03% | $8,491,025 | $7,846,500 | $7,054,682 | $4,592,024 | 58.52 % |
| 2020 | Total Fire & Allied Lines | 0.00% | $-4,498 | $-4,498 | $1,499,949 | $-822,795 | 18,292.46 % |
| 2020 | Farm Fire & Allied Lines | 0.00% | $-4,498 | $-4,498 | $1,499,949 | $-822,795 | 18,292.46 % |
| 2020 | Commercial Multi-Peril | 0.01% | $132,495 | $93,941 | $28,010 | $9,422 | 10.03 % |
| 2020 | Inland Marine (Incl Auto Cargo) | 0.01% | $159,040 | $163,324 | $41,682 | $38,434 | 23.53 % |
| 2020 | Direct Workers Compensation | 0.28% | $8,164,095 | $7,569,176 | $5,550,193 | $5,588,248 | 73.83 % |
| 2020 | Other Liability - Bodily Injury & Property Damage | 0.00% | $15,643 | $17,015 | $0 | $-80,750 | -474.58 % |
| 2020 | Other Liability - Warranty | 0.01% | $21,782 | $4,673 | $3,457 | $4,418 | 94.54 % |
| 2020 | Products Liability | 0.00% | $0 | $0 | $0 | $-38,755 | N/A |
| 2020 | Total Commercial Automobile | 0.00% | $909 | $910 | $-70,990 | $-108,472 | -11,920.00 % |
| 2020 | Commercial Auto Liability Bodily Injury | 0.00% | $845 | $846 | $-7,640 | $-44,131 | -5,216.43 % |
| 2020 | Commercial Auto Comprehensive | 0.00% | $64 | $64 | $-63,350 | $-64,341 | -100,532.81 % |
| 2020 | Credit Property (Excluding V.S.I.) | 0.00% | $1,559 | $1,959 | $2,381 | $2,274 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2020 | Homeowners | 0.00% | 0 | 0 |
Company 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.