NAS Insurance Services

What NAS Insurance Services does

NAS Insurance Services operates as the Cyber & Professional Lines Group (CPLG) of Tokio Marine HCC, itself a subsidiary of Tokio Marine Group (TYO: 8766). Founded in 1975 and headquartered in Encino, California, the company underwrites specialty insurance products addressing two primary risk categories: cyber liability (data breach, ransomware, business email compromise, spear phishing, cyber extortion) and professional liability (errors and omissions across more than a dozen professional categories including accountants, healthcare, architects and engineers, contractors, real estate, and scientists). The portfolio is organized into three product families — Cyber & Tech (NetGuard® Plus, NetGuard® SELECT, e-MD®, TechGuard®, MEDEFENSE®), Professional Liability (14 distinct coverages), and Turnkey Reinsurance & Programs (Farm CyberPlus™, Personal CyberPlus®, Cyber Liability, SME EPL) — and is supported by seven US underwriting offices and a dedicated broker portal at cplgbp.tmhcc.com.

The business operates on a wholesale/broker distribution model: insurance products are not sold directly to consumers but accessed via appointed producers, wholesale brokers, and the proprietary broker portal. Underwriting is decentralized across regional teams with specialized product expertise, and pricing is quote-based with no public rate disclosure. Revenue mechanics follow standard specialty insurance economics — premium income net of losses and expenses — though no revenue, premium volume, or loss ratio figures are publicly disclosed for the CPLG unit. Recent commercial activity includes annual Cyber Market Reports (2024 and 2025), a healthcare cyber white paper, and a strategic partnership with Adaptive Insurance to bring AI-powered restaurant recovery coverage to market, signaling selective investment in new verticals and emerging technologies within the parent group's broader specialty insurance franchise.

Name

NAS Insurance Services

Legal name

Tokio Marine HCC

Website

https://nasinsurance.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

51–100 employees

Short description

NAS Insurance Services operates as Tokio Marine HCC's Cyber & Professional Lines Group, underwriting specialty cyber liability and professional liability insurance products for businesses, professionals, and individuals across the United States through wholesale broker distribution.

Ownership category

akta.pro rank

Product category

Specialty Insurance

NAICS

Insurance Carriers (5241), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Carriers, Nec (6399)

akta.pro primary industry

Network Security & Privacy Liability (Third-Party) (FSAJAOAE)

akta.pro secondary industries

Professional Liability (Errors & Omissions) (FSAJADAB), First-Party Cyber (Breach Response, Forensics, Notification, Credit Monitoring) (FSAJAOAF)

Keywords

• Specialty insurance underwriting
• Cyber liability coverage
• Professional liability insurance
• Insurance broker distribution
• Turnkey reinsurance programs

Headquarters

HQ city

Encino

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Distribution channels3 records

Marketing channels5 records

Core offering

NAS Insurance Services underwrites specialty commercial insurance products that address emerging and under-served risks, organized into three lines: Cyber & Tech (commercial cyber, individual cyber, healthcare cyber, technology E&O, regulatory billing E&O), Professional Liability (14 niche products covering accountants, healthcare, architects/engineers, contractors, EPL, insurance agents, medical billers, real estate, scientists, sexual misconduct, social services, tenant discrimination, and miscellaneous E&O), and Turnkey Reinsurance & Programs (farm cyber, personal cyber, cyber liability, SME EPL). Coverage is distributed through wholesale brokers via a dedicated broker portal and supported by regional underwriting teams across seven U.S. cities.

Product overview

NAS Insurance Services, operating as part of Tokio Marine HCC's Cyber & Professional Lines Group (CPLG), offers a comprehensive portfolio of specialty insurance products organized across three main categories: Cyber & Tech, Professional Liability, and Turnkey Reinsurance & Programs. The Cyber & Tech suite includes NetGuard® Plus (commercial cyber), NetGuard® SELECT (individual cyber), e-MD® (healthcare cyber), TechGuard® (technology E&O), and MEDEFENSE® (regulatory billing E&O). The Professional Liability portfolio encompasses 14 distinct products covering diverse sectors including accountants, allied healthcare, architects & engineers, contractors, employment practices liability (EPL) for standard and franchise/affinity groups, insurance agents, medical billers, miscellaneous professionals, real estate, scientists, sexual misconduct liability, social services, and tenant discrimination. The Turnkey Reinsurance & Programs division offers bolt-on cyber and professional coverage solutions including Farm CyberPlus™, Personal CyberPlus®, Cyber Liability, and SME Employment Practices Liability, designed for program business and reinsurance partners. The portfolio addresses the full spectrum of cyber risks (cryptomining, ransomware, business email compromise, spear phishing) and professional liability exposures across organizations of every size.

Differentiator

Problem solved

Functional benefit

Brands

• NetGuard® Plus: Cyber insurance product for businesses
• NetGuard® SELECT
• e-MD®
• TechGuard®
• MEDEFENSE®
• Farm CyberPlus™
• Personal CyberPlus®

Products and services

• NetGuard® Plus (Commercial Cyber) Comprehensive cyber insurance coverage for businesses, protecting against data breaches, cyber attacks, ransomware, cryptomining, business email compromise, and spear phishing threats.
• NetGuard® SELECT (Cyber for Individuals) Cyber insurance coverage tailored for individual policyholders, providing personal cyber protection.
• e-MD® (Cyber for Healthcare) Specialized cyber insurance for healthcare organizations, addressing the unique cyber risks faced by medical entities.
• TechGuard® (Technology E&O) Technology errors and omissions insurance protecting technology companies from liability claims arising from professional services.
• MEDEFENSE® (Regulatory Billing E&O) Regulatory billing errors and omissions coverage for healthcare billing compliance and defense.
• Accountants E&O Professional liability insurance for accountants covering errors, omissions, and negligence in professional services.
• Allied Healthcare Professional Liability Professional liability coverage for allied healthcare professionals and organizations.
• Architects & Engineers Professional Liability Professional liability insurance for architects and engineers covering design errors and omissions.
• Contractors Professional Liability Professional liability coverage for contractors addressing errors in professional services.
• Employment Practices Liability (EPL) Coverage for employers against claims related to workplace discrimination, harassment, and other employment-related issues.
• Franchise and Affinity Groups Employment Practices Liability (EPL) Specialized EPL coverage designed for franchise operations and affinity group organizations.
• Insurance Agents Professional Liability Professional liability protection for insurance agents and brokers against claims of negligence.
• Miscellaneous E&O for Medical Billers Errors and omissions coverage specifically designed for medical billing professionals.
• Miscellaneous Professional Liability General professional liability coverage for various professional service providers.
• Real Estate Professional Liability Professional liability insurance for real estate professionals covering errors in professional services.
• Scientists Professional Liability Professional liability coverage for scientists and research professionals.
• Sexual Misconduct & Molestation Liability Liability coverage for organizations facing claims related to sexual misconduct and molestation.
• Social Services Professional Liability Professional liability insurance for social services organizations and professionals.
• Tenant Discrimination Coverage for landlords and property managers against tenant discrimination claims.
• Farm CyberPlus™ (Cyber for Farms) Cyber insurance coverage tailored for agricultural operations and farms, part of turnkey reinsurance programs.
• Personal CyberPlus® (Cyber for Individuals) Personal cyber insurance product designed for individual consumers as part of turnkey programs.
• Cyber Liability (Turnkey Reinsurance) Core cyber liability coverage offered as part of reinsurance and program business solutions.
• Employment Practices Liability (SME) Employment practices liability coverage designed for small and medium-sized enterprises (SMEs).

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Adaptive InsurancecoreStrategic or Co-development PartnerTokio Marine HCC has partnered with Adaptive Insurance to deliver AI-powered restaurant recovery insurance. This strategic partnership combines Tokio Marine HCC's insurance expertise with Adaptive Insurance's AI technology to provide innovative insurance solutions for the restaurant industry facing cyber and business interruption risks.

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Chubb: Chubb is a large global P&C carrier with a significant cyber and professional liability franchise (e.g., DigiTech ERM, ForeFront Portfolio). It competes with Tokio Marine HCC/CPLG across cyber and E&O as part of a much broader commercial insurance portfolio.
• Travelers: Travelers is a large US P&C carrier offering cyber, management liability, and professional liability products through its Bond & Specialty Insurance group. It serves similar SME and mid-market segments to CPLG, though from a much broader product set.
• AXA XL: AXA XL is the specialty insurance division of AXA, offering cyber, professional liability, and E&O coverage globally. It competes with CPLG in specialty cyber/PL lines, but as part of a much larger global insurance portfolio.
• AIG: AIG is a major global insurer offering CyberEdge and broad professional liability/financial lines coverage. While far larger and more diversified, AIG competes directly with CPLG for cyber and E&O business across commercial and specialty segments.
• Markel: Markel is a specialty insurer with a dedicated cyber and professional liability practice covering technology E&O, miscellaneous professional liability, and cyber risk for niche segments. It competes with CPLG in specialty commercial lines, though from a broader specialty portfolio.

Emerging players

• Corvus Insurance: Corvus Insurance is a cyber-focused specialty carrier using data and analytics for cyber and tech E&O underwriting. It represents an emerging competitor to Tokio Marine HCC's CPLG cyber practice, particularly for technology and professional services firms.
• At-Bay: At-Bay is an InsurTech focused on cyber and technology E&O insurance for small and mid-sized businesses, combining security data with underwriting. It competes with CPLG's TechGuard and NetGuard offerings in the SME and technology company segments.
• Coalition: Coalition is a cyber-focused InsurTech providing active monitoring, risk assessment, and cyber insurance directly and through brokers. It overlaps with CPLG's NetGuard cyber book, especially in technology and professional services segments.

Direct peers

• Beazley: Beazley is a specialty insurer with a leading cyber and professional liability practice, including the Beazley Breach Response product and broad E&O offerings. It directly competes with Tokio Marine HCC's CPLG in underwriting cyber and professional liability lines for commercial clients.
• Hiscox: Hiscox is a specialty insurer heavily focused on small and mid-market cyber and professional liability coverage for professional services firms and SMEs. Its product mix closely mirrors the professional liability and cyber book of Tokio Marine HCC's CPLG.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubevimeo.com/tmhcc
• LinkedInlinkedin.com/company/tokiomarinehcc
• Xx.com/nasinsurance18

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NAS Insurance Services