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Company Details
TECHNOLOGY INSURANCE COMPANY License Status :
Active
NAIC Number :
42376
Phone Number:
212-220-7120
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 |
|---|---|---|---|---|---|---|---|
| 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 | N/A |
| 2020 | Farm Fire & Allied Lines | 0.00% | $-4,498 | $-4,498 | $1,499,949 | $-822,795 | N/A |
| 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 |
| 2019 | Total Property & Casualty | 0.04% | $11,991,970 | $10,116,891 | $12,831,050 | $12,857,472 | N/A |
| 2019 | Total Fire & Allied Lines | 0.31% | $3,699,400 | $3,887,417 | $5,782,480 | $5,709,361 | N/A |
| 2019 | Commercial Fire & Allied Lines | 0.00% | $0 | $0 | $0 | $-129 | N/A |
| 2019 | Farm Fire & Allied Lines | 0.82% | $3,699,400 | $3,887,417 | $5,782,480 | $5,709,490 | N/A |
| 2019 | Commercial Multi-Peril | 0.00% | $51,660 | $57,737 | $9,841 | $42,020 | 72.78 % |
| 2019 | Inland Marine (Incl Auto Cargo) | 0.01% | $162,737 | $118,293 | $48,262 | $43,567 | 36.83 % |
| 2019 | Direct Workers Compensation | 0.27% | $8,060,905 | $6,035,047 | $6,839,090 | $7,001,924 | N/A |
| 2019 | Other Liability - Bodily Injury & Property Damage | 0.00% | $12,877 | $10,875 | $4,971 | $54,558 | N/A |
| 2019 | Other Liability - Warranty | 0.00% | $2,548 | $1,731 | $-504 | $1,786 | N/A |
| 2019 | Products Liability | 0.00% | $0 | $0 | $0 | $40,436 | N/A |
| 2019 | Total Commercial Automobile | 0.00% | $1,843 | $5,791 | $146,910 | $-36,180 | -624.76 % |
| 2019 | Commercial Auto Liability Bodily Injury | 0.00% | $1,690 | $4,663 | $72,196 | $38,333 | N/A |
| 2019 | Commercial Auto Liability Property Damage | 0.00% | $89 | $245 | $3,800 | $2,018 | N/A |
| 2019 | Commercial Auto Medical Payments | 0.00% | $0 | $80 | $0 | $0 | 0.00 % |
| 2019 | Commercial Auto Uninsured Motorists | 0.00% | $0 | $55 | $22,297 | $12,729 | N/A |
| 2019 | Commercial Auto Comprehensive | 0.00% | $27 | $451 | $16,731 | $-31,885 | -7,069.84 % |
| 2019 | Commercial Auto Collision | 0.00% | $37 | $297 | $31,886 | $-57,375 | -19,318.18 % |
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 |
| 2019 | 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.