Reinsurance News

Tokio Marine Kiln adds Kristen Shastri as Head of Life Sciences

10th October 2022 - Author: Kane Wells

Tokio Marine Kiln (TMK) has announced the appointment of Kirsten Shastri as Head of Life Sciences as it targets growth in the sector.

tokio marine kilnShastri will underwrite a range of Life Sciences risks including traditional medical device and pharmaceutical companies through to novel products being developed worldwide.

She will report to the Departmental Head of Liability, Chris Jones.

Shastri commented on her appointment, stating, “I’m very excited and proud to be joining TMK – one of the largest international liability insurers in Lloyd’s – and to be bringing a specialised product to the market that responds to the innovation seen in the Life Sciences industry.

“I look forward to growing a specialist underwriting team and bringing a fresh approach to cover in this field.”

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Jones added, “We’re delighted to welcome Kirsten to expand our Liability offering with this new Life Sciences specialism.

“Kirsten’s proven track record of providing specialist cover for emerging and growing areas of risk and her experience in technology-enabled healthcare are ideally aligned with our focus on innovation, and we’re looking forward to doing great things together.”

Further product developments are planned from 2023, says TMK, with distribution focused through its extensive international coverholder network, in addition to traditional open market placements.

The new appointment follows the continued growth of TMK’s Liability division, which focuses on risks domiciled worldwide (excluding the US), as it expands and broadens its portfolio.

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