News & Events

TMHCC To Offer Restaurant Recovery Insurance On An Admitted Basis

Friday, February 19, 2016

Tokio Marine HCC - Specialty Group, a leading global provider of crisis management insurance products, today announced the availability of its Restaurant Recovery/ Foodborne Illness Program on an admitted basis in several states.

Tokio Marine HCC will add the availability of admitted policies issued through United States Specialty Insurance Company effective February 15, 2016 in 17 states, with more to follow. In addition, the policy is currently issued on a surplus lines basis in all states and on Lloyd’s paper in Canada.

“This industry leading product has become a critical component for any restaurant insurance program, as evidenced by recent contamination outbreaks and enhanced food safety guidelines issued by the federal government. The availability of this coverage on an admitted basis will open new channels for producers to introduce this specialty line and bring awareness to foodborne illness coverage,” said Bert Van Wagenen, Senior Vice President of Tokio Marine HCC - Specialty Group.