NEW YORK, March 24 /PRNewswire/ -- Tokio Marine Management, Inc. ("TMM"), U.S. Manager for Tokio Marine & Nichido Fire Insurance Co., Ltd. (U.S. Branch) ("TMNF U.S.") and American Wholesalers Underwriting Ltd. ("AWUL") expand the Wholesalers Insurance Plan(R) ("WIP(R)") to include fresh and frozen food wholesalers/distributors in the U.S.

WIP(R) offers over 50 insurance programs designed specifically to service the commercial insurance needs of the durable & non-durable goods wholesale distribution industry. Underwritings include virtually all Standard Industrial Code Classifications (5000-5199) for wholesalers/distributors.

Program classes for goods such as fresh meats, sea food, poultry, dairy, fruits and vegetables and frozen package foods will include spoilage cover and ISO Form "Limited Product Withdrawal Expense" as standard coverages to adequately protect wholesalers/distributors. All WIP(R) programs include broad limits and coverages for lines such as commercial property (including inland marine and boiler and machinery), general liability, automobile and umbrella liability.

For a complete list of programs available under WIP(R) please visit

"In today's global stream of commerce, difficult domestic markets, and governmental interventions, the distributor is faced with new exposures to risk, like never before. The exposure and occurrence of a mandated recall is very real. The food programs under WIP(R) will cover this exposure," said John Shea, AWUL Chief Operating Officer.

Mark Judkins, AWUL Senior Underwriter, said, "The food classes will also include spoilage coverage protection. We understand spoilage and the risk management that the fresh and frozen food distributors require. We look at the work-flow from receipt of product to delivery, make recommendations if required and underwrite appropriately."

With respect to spoilage coverage, Paul Fox, U.S. Marketing Officer for TMM added, "WIP(R) underwriters understand both the intentions of governmentally mandated operating requirements and the equipment needed for prudent operations. Spoilage has always been a real risk to fresh and frozen food distributors. To that extent, boiler and machinery are standard covers in the program. Underwriters look at the work-flow from receipt of product to delivery and make recommendations as required, a real benefit to the distributor."

Founded in 1879, Tokio Marine & Nichido Fire Insurance Co., Ltd. is the oldest and largest P&C insurer operating in Japan. The company has a global network of offices operating in 38 countries around the world, and conducts business in the United States through TMNF U.S. With annual revenues of approximately 18 billion (USD) worldwide, the company enjoys an A.M. Best rating of A++, which ranks among the highest in the industry. For more information about TMM or TMNF U.S., please contact Mr. Fox at 212.297.6933 or by email

AWUL is a nationally recognized Program Administrator and Underwriter that, through its "WIP Select Agency" system, has served retail insurance agencies nationally for 14 years. AWUL is a recognized leader in the property and casualty insurance industry, most notably through programs such as WIP(R). For more information about AWUL or WIP(R), or for information about becoming a WIP(R) Select Agency, please contact Mike Mehok or Patty Taft at 800.303.4321 or by e-mail atMike.mehok@awul.comorPatty.taft@awul.comat the WIP(R) internet desk.

SOURCE Tokio Marine Management, Inc.