Hylant and Toyota Tsusho America have launched Hylant Toyotsu Insurance Services to serve the insurance and risk management needs of Japanese-owned businesses operating in the US.
The new firm will provide customised brokerage and risk solutions for Japanese enterprises across a range of sectors, drawing on Hylant’s insurance expertise and Toyota Tsusho’s global network.
Toyota Tsusho’s insurance arm, Loyalty Group Insurance Services, has long provided insurance support to Japanese companies abroad, and the partnership is expected to enhance access to specialised coverage and consulting.
Bubba Berenzweig, CEO of Hylant, remarks: “Hylant Toyotsu represents the best of both worlds — combining Hylant’s long-standing experience in risk management with Toyota Tsusho’s trusted relationships and industry knowledge.”
Haruyuki Hattori, senior vice president and chief operating officer at Toyota Tsusho America, adds: “Japanese companies operating in the US need a trusted partner that understands both their business culture and the complexities of the American insurance landscape.
“This joint venture is uniquely positioned to provide exactly that.”
