We can procure insurance underwriting capacity that is insufficient in the domestic market from the global market.
Our company possesses an in-house function for direct marketing to overseas insurance markets, ensuring capacity for large-scale and specialized risks. For massive risks such as fire and natural disasters in property insurance, as well as specialized risks like recalls and offshore wind power, we have a proven track record of securing supplemental capacity from global markets, primarily the London Re market (Lloyd's), and achieving the required volume of insurance coverage for our clients.
While the global market for non-life insurance is enormous, most insurers do not have an appetite for underwriting across all industries and risks; the majority specialize in niche risks. Finding an insurer among the thousands of non-life insurance companies worldwide that is familiar with a particular risk and can provide insurance capacity at a fair rate is difficult. Therefore, it is desirable to engage an insurance broker with multiple channels (transaction history) and the ability to connect with the optimal insurer.
As part of the Toyota Tsusho Group, our strength lies in our extensive customer base in the automotive and renewable energy sectors, and our numerous strong channels within these sectors.