Reinsurance News

Tokio Marine HCC appoints Co-Chief Financial Officers

10th October 2019 - Author: Matt Sheehan

Specialty insurance group Tokio Marine HCC has announced the appointments of Sharon Brock and Tom Weist as Co-Chief Financial Officers.

Tokio Marine HCCEffective from October 1, 2019, Brock and Weist take over the role from Brad Irick, who has been named as the next Group Chief Executive Officer (CEO) of Tokio Marine Kiln.

Brock joined Tokio Marine HCC back in 2004 and most recently served at the company as Executive Vice President and Chief Accounting Officer.

Prior to this Brock worked as Senior Vice President and Corporate Tax Director.

She has over 30 years’ experience in the re/insurance industry, including 18 years with American General Corporation, which culminated in a position as Tax Director.

Weist, meanwhile, joined Tokio Marine HCC in 2011 and most recently served as Senior Vice President and Chief Actuary.

He has over 20 years of industry experience, including various roles in actuarial pricing, predictive modelling and enterprise risk management at Munich Re, Chubb and Tokio Millennium Re.

In their new roles, Brock will be responsible for Corporate Accounting and Reporting, Internal Audit and Controls, Tax, and Treasury, while Weist will manage Actuarial, Financial Planning and Analysis, Investments, Mergers and Acquisitions, and Strategy.

“I am pleased to announce Sharon and Tom as Tokio Marine HCC’s Co-Chief Financial Officers,” said Susan Rivera, Tokio Marine HCC’s Chief Executive Officer.

“Together, their abundance of knowledge and experience will provide financial leadership that is balanced and well-informed,” she remarked. “I congratulate them as they assume their new responsibilities and work collaboratively to maintain Tokio Marine HCC’s position as a leading specialty insurer.”

Brad Irick also commented: “Tokio Marine HCC is fortunate to have two individuals with such deep, complementary financial and technical expertise ready to work together as Co-CFOs.”

“Having worked personally with Sharon and Tom for over eight years, I am confident they will collectively bring broader experience to the role and will add significant value as the company continues to grow and diversify,” he added.

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