Reinsurance News

Tokio Marine HCC names Darren Carr as Head of Marine Liability

21st November 2018 - Author: Matt Sheehan

Specialty insurance group Tokio Marine HCC has appointed Darren Carr as Head of Marine Liability for its London Market division.

darren-carrCarr joins Tokio Marine from AXIS Capital, where he most recently served as Head of Marine and managed various underwriting teams, including Marine Liability, Hull, Cargo and Specie, Reinsurance and Renewable Energy.

He has more than 16 years’ experience in the Marine Liability market and has demonstrated in his previous roles that he can develop market leading business lines, Tokio Marine said.

The company explained that Carr’s appointment would support its growth strategy in the Marine re/insurance market as it develops its product offering, which includes Marine Trades, Marine Property, Protection and Indemnity (P&I) Reinsurance, and Marine and Energy Liability.

In his new role, Carr will report to Simon Button, Chief Underwriting Officer for the London Market division, who commented: “I am delighted that Darren has joined the Marine team. His experience and knowledge of the industry will help Tokio Marine HCC advance and invest in the Marine Liability space.”

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Barry Cook, Chief Executive Officer (CEO) of Tokio Marine HCC’s International Group, added: “The London Market division continues to grow, withstanding challenging market place conditions. Recruiting reputable and experienced hires such as Darren highlights the steps that Tokio Marine HCC is taking to continually improve its offering to the broker and client community that is at the heart of our business.”

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