Waypoint Underwriting Management LLC is pleased to announce that our existing partnership with Tokio Marine Kiln Syndicates Ltd has been expanded from Work Comp treaty reinsurance to now also include Accident & Health reinsurance. Effective March 1, 2021, Waypoint will underwrite and manage Accident & Health reinsurance on behalf of Tokio Marine Kiln Syndicates Ltd, Syndicate KLN 510 at Lloyd’s for 80% share / TMK 1880 at Lloyd’s for 20% share.
Waypoint Managing Partner, Joseph Horan said: “Our A&H underwriters and their historic performance are well known to TMK. This Binder is complementary to Waypoint’s growing Personal Accident insurance and consulting businesses.”
“As a management team, we have enjoyed past success working within Lloyds. We could not be more pleased to expand our relationship with a premier syndicate like Tokio Marine Kiln Syndicates Ltd. This is a clear demonstration of our continued commitment to bring flexible solutions and strong financials to our Ceding companies and intermediaries,” added Waypoint Managing Partner Jason Denechaud.
CLIENT PROFILE: The following market segments are targeted areas for growth.
- Base, Cat and Voluntary K-12
- Key Man and Bulk ADB
- Participant Accident
- Corporate Accident
- Business Travel Accident
- Association and Affinity Groups
- Group Life (CAT Accident Only)
- Occupational Accident and Contingent Liability
- Short- and Long-Term Disability
LINE OF BUSINESS: The following coverage types will be entertained.
- Personal Accident Catastrophe Reinsurance
- Personal Accident Per Person XOL & Quota Share
- Facultative Personal Accident Reinsurance
About Waypoint Underwriting Management, LLC
Based in Basking Ridge, New Jersey, Waypoint Underwriting Management, LLC is a specialty reinsurance managing general underwriter (MGU) operating primarily in the United States, offering Property, Casualty, Workers Compensation and reinsurance solutions to insurers. Waypoint also acts as a primary MGU for Personal Accident insurance and a consultant for filing, forms and actuarial memos in the Accident insurance space.