Specialty insurance group Tokio Marine HCC has announced the appointment of Henning Skaarup as Head of Surety Nordics and Holm Larsen as Senior Surety Underwriter, effective immediately.
Skaarup, who will be based in Copenhagen and act as General Managing of a newly-created Danish branch, will be tasked with developing and directing a Surety practice across the Nordic Region.
He will report directly to Luc Reuter, Head of Surety, Europe.
“The Nordic region is absolutely key to our long-term commitment to growing our successful international Surety operations,” said Reuter.
“I am therefore delighted that someone of Henning’s profile and ability is joining us to build on our existing Surety business and further expand our proposition for European clients.”
“Henning’s expertise, along with Tokio Marine HCC’s focus on service delivery, which is backed by the company’s profile and rating, will prove a compelling offering for both clients and brokers.”
Both Skaarup and Larsen join from credit insurance specialist firm Tryg Garanti.
Martyn Ward, Managing Director of Tokio Marine HCC’s International Credit & Surety division added, “Through its global presence and superior credit rating Tokio Marine HCC has a proven ability to meet our clients’ Surety needs in our chosen markets.”
“I am therefore delighted that someone of Henning’s reputation and experience is joining us to expand our proposition for Northern European companies beyond that of our current successful Surety operation which has grown consistently over the last thirty-five years.”
“As a recognised regional Surety expert, his extensive knowledge and deep understanding of Nordic markets will be a great asset in our plans to further develop our international division.”