Tokio Marine HCC International (Tokio Marine) has reorganised its Transaction Risk Insurance (TRI) division as it aims to capitalise on the unprecedented mergers and acquisition (M&A) activity across the globe.
As part of Tokio Marine’s expansion, the company has created two new units, TRI North America and TRI International.
The North American operation, headed up by Shane de Burca, will focus on supporting clients in the USA, Canada and Mexico.
De Burca is a qualified M&A attorney and has over 20 years’ experience in private legal practice and in the insurance industry.
Prior to joining Tokio Marine HCC in 2017, he was Chief Counsel, Underwriting at Concord Specialty Risk.
The International operation, which covers all territories outside North America, will be headed up by Adrià Vázquez.
Vázquez holds over 10 years’ experience supporting M&A transactions, and has been with TMHCCI for many years and has vast technical TRI expertise across Europe, Asia and the Pacific.
Having been based in Singapore for the last four years, Adrià will return to the Tokio Marine’s Financial Lines hub in Barcelona, Spain to lead the International TRI operation.
To support the creation of the two units, three further appointments have been made. A.J. Kritzman has been appointed TRI Underwriting Manager North America and Laura Roman has been appointed TRI Underwriting Manager International.
These new roles are designed to foster collaboration across the regional TRI teams on underwriting strategy, market trends and talent development.
In addition, Tom Burke has been promoted to TRI Manager APAC. Based out of Sydney, Australia, Burke will lead the underwriting teams in Singapore and Sydney to support clients across the APAC region.
Henk Bakker, Managing Director for Financial Lines, Cyber and TRI at Tokio Marine, said: “These promotions reflect the strong bench of talent we have at Tokio Marine HCC.”
“With M&A activity at record levels, 2021 has proven to be prolific for our market and the TRI team.
“We believe the structure we have put in place and the appointments we have made today will ensure that we can further strengthen the value-add services we bring to our clients and business partners across the globe.”
