Reinsurance News
Tokio Marine HCC
Tokio Marine HCC names Ari Giller VP of cyber, tech underwriting
18th December 2020
Property & Casualty insurer Tokio Marine HCC has appointed Ari Giller as vice president of cyber and tech underwriting. He reports to Michael Palotay, the group’s Chief Underwriting Officer. Giller is based in Chicago and oversees the West Coast and Midwest underwriting divisions. Palotay said, “I’m excited to announce Ari’s promotion. He’s distinguished ... Read the full article
Tokio Marine HCC makes senior appointments
30th September 2020
Property & casualty insurer, Tokio Marine HCC has announced the appointments of Scott McEwen, Iain Farries, James Harper and Jamie Tamsett as part of its senior team. McEwen was named as Deputy Head of Delegated Property and brings over twenty years of property insurance experience to this new role as prior ... Read the full article
Tokio Marine HCC uses tech to simplify indemnity agreements
19th August 2020
Insurance group, Tokio Marine HCC is set to leverage DocuSign eSignature and knowledge-based authentication (KBA) technology to verify the identities of individual signers. The move is expected to simplify the indemnity insurance agreements process by eliminating the need for notaries and physical paperwork. It will allow agents, brokers and their clients to ... Read the full article
Jerome Swinscoe takes over as President of Tokio Marine HCC – Credit Group
11th June 2020
Tokio Marine HCC (TMHCC) has announced that Jerome Swinscoe will take over as President of Tokio Marine HCC – Credit Group, as current President Mark Reynolds transitions into a new role as Chairman. Both appointments will be effective as of January 1, 2021. Swinscoe currently serves as Chief Underwriting Officer of Tokio ... Read the full article
Tokio Marine HCC completes GCube acquisition
1st June 2020
Tokio Marine HCC has completed its previously announced acquisition of GCube, creating a new 'centre of excellence' for renewable energy insurance. The acquisition of specialist renewable energy insurer, GCube by Tokio Marine HCC was announced in early March. The deal combines GCube's extensive track record supporting renewables developers and asset ... Read the full article
Tokio Marine adopts Tractable AI solution for auto damage
11th May 2020
Property and casualty insurer Tokio Marine is to use an artificial intelligence (AI) solution from Tractable to process auto damage across its operations in Japan. Tractable, a technology firm that develops AI for accident and disaster recovery, uses computer vision to look at photos of car damage, enabling claims to be ... Read the full article
Tokio Marine HCC partners with CyberScout on new offering
23rd April 2020
Tokio Marine HCC, a member of Tokio Marine Group, has partnered with CyberScout to provide cyber insurance, cyber education, identity management and resolution services to insurance carriers throughout the US. CyberScout provides identity theft resolution, data defense and employee benefits services, and serves approximately 17.5 million households worldwide. With this new offering, ... Read the full article
Tokio Marine HCC adds adds Nick Pastor as SVP, Chief Actuary
16th April 2020
Tokio Marine HCC, a member of Tokio Marine Group, has appointed Nick Pastor as senior vice president and Chief Actuary. He reports to Tom Weist, Tokio Marine HCC’s Co-Chief Financial Officer. Pastor brings more than 25 years of actuarial experience to the role and most recently served as Deputy Chief Actuary at ... Read the full article
Tokio Marine HCC to acquire renewable energy insurer GCube
4th March 2020
Tokio Marine HCC, a member of Tokio Marine Group, has announced the signing of a purchase agreement to acquire renewable energy risk specialist MGA, GCube. Specialist renewable energy insurer GCube is one of the largest underwriters of renewable energy, covering wind, solar, bio, hydro, wave, and tidal projects across the globe. The ... Read the full article
Tokio Marine grows 9M income on lower cat losses
14th February 2020
Japanese property and casualty insurance group, Tokio Marine Holdings, Inc., has reported a 2.3% increase in net income over the first nine months of 2019, due to a decline in domestic natural catastrophes and stable investment results in North America. Net income was recorded at 226.6 billion yen (US $2.06 billion) ... Read the full article
Tokio Marine completes $3.1bn acquisition of Pure Group
11th February 2020
Large Japanese property and casualty insurance group, Tokio Marine Holdings, Inc., has completed its previously announced acquisition of Privilege Underwriters, Inc. and its subsidiaries (Pure Group). It was announced in October of last year that Tokio Marine was set to acquire the US high net worth insurance specialist for $3.1 ... Read the full article
Tokio Marine HCC – Specialty Group bolsters Canada team
7th February 2020
Tokio Marine HCC, a member of Tokio Marine Group, has announced the addition of Scott La Croix to its Specialty Group, as Vice President and Head of Tokio Marine HCC - Specialty Group in Canada. Specialty Group is part of Tokio Marine HCC, and operates as a provider of specialised insurance ... Read the full article
Tokio Marine integrates Thailand unit with Safety Insurance
4th February 2020
Tokio Marine has announced the completion of the integration between its Thai subsidiary, Tokio Marine Insurance (Thailand) PCL. (TMITH), and Safety Insurance Public Company Limited. The combined company, which will officially launch as Tokio Marine Safety Insurance (Thailand) Public Company Limited' (TMSTH), has now received approval from the Office of Insurance ... Read the full article
Tokio Marine HCC’s Barnett & Browne named Co-Global Marketing Leaders
20th November 2019
Tokio Marine HCC has announced the appointment of Jeremy Barnett and Phelim Browne as Co-Global Marketing Leaders, effective October 1st, 2019. In their new roles, both Barnett and Browne will report to Thomas Harmeyer, Executive Vice President (EVP), Tokio Marine HCC. Browne currently serves as Head of Marketing for Tokio Marine HCC, ... Read the full article
Tokio Marine HCC adds Heath, Johnson to delegated property team
15th November 2019
Specialty insurance group Tokio Marine HCC has appointed Stuart Heath and Linda Johnson to its delegated property team as head and senior underwriter, respectively. Heath brings over 40 years of market experience and will be responsible for building a new account, focused on UK and European specialty property. He most recently served ... Read the full article
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