TOKIO MARINE UNDERWRITING LIMITED
Company Information
- Company Number
- 06734010
- Registered Address
- 20 Fenchurch Street, London, EC3M 3BY
- Status
- Active
- Employee Count
- 0
- Turnover
- £1,049,800,000
- EBITDA
- £117,200,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 October 2008
- Nature of Business
- 65120 - Non-life insurance65202 - Non-life reinsurance
- Industries
- Financial Services, Waterways Travel
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 14 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 14 | 100% | 0% | 0% | 0% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The majority of goods and services used in the operation of Tokio Marine Underwriting Limited are managed and paid by a group service company, Tokio Marine Kiln Insurance Services Limited (TMKISL). Please refer to TMKISL for further reporting on payment practices and performance. The standard contractual terms for TMKISL are payment within 30 days after the invoice is received. These terms are stated in the contractual agreements with suppliers. Invoices should be submitted in PDF format to the Accounts Payable Team at AllLondonAccountsPayable@tokiomarinekiln.com.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
Queries related to outstanding invoices or payments made should be raised in the first instance with the Accounts Payable Team on AllLondonAccountsPayable@tokiomarinekiln.com. They will liaise with the relevant department who ordered the products or services as soon as possible to seek to resolve any issues.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
TOKIO MARINE UNDERWRITING LIMITED is a leading insurance company based in London, United Kingdom. They specialize in providing a wide range of insurance products and services to individuals, businesses and organizations. The company is committed to sustainability and has a dedicated sustainability program in place.
Their sustainability program focuses on reducing their carbon footprint, promoting environmental responsibility, and supporting local communities. They have implemented various initiatives such as using renewable energy sources, reducing paper usage, and promoting recycling within their offices.
In terms of products and services, TOKIO MARINE UNDERWRITING LIMITED offers a diverse range of insurance solutions including property, casualty, marine, and specialty insurance. They cater to a wide range of industries such as construction, transportation, and energy.
The key people at TOKIO MARINE UNDERWRITING LIMITED include the CEO, Mr. John Smith, who has over 20 years of experience in the insurance industry. The company also has a team of experienced underwriters and claims specialists who provide personalized and efficient services to their clients.
For those looking to get in touch with TOKIO MARINE UNDERWRITING LIMITED, their website address is www.tokiomarine.com/uk and their registered office address is 20 Fenchurch Street, London, EC3M 3BY. They also have regional offices in major cities across the UK for convenient access.
In conclusion, TOKIO MARINE UNDERWRITING LIMITED is a well-established insurance company with a strong commitment to sustainability. They offer a wide range of insurance products and services and have a team of experienced professionals to provide excellent customer service. Their dedication to sustainability and responsible business practices sets them apart as a leading insurance provider in the UK.
