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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
2022 Total Property & Casualty 0.03% $10,124,969 $13,653,759 $6,470,146 $7,251,810 53.11 %
2022 Commercial Multi-Peril 0.00% $79,259 $170,517 $0 $318,888 N/A
2022 Inland Marine (Incl Auto Cargo) 0.01% $137,142 $156,281 $30,912 $28,711 18.37 %
2022 Direct Workers Compensation 0.30% $9,668,520 $13,226,328 $6,439,251 $6,856,004 51.84 %
2022 Other Liability - Bodily Injury & Property Damage 0.01% $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 0.04% $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.

Link to Enforcements Page


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

TIC1121.pdf


Financial Exams

This company does not have any financial exams.