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Tokio Marine (TMHCCI) appoints Nicola Hannay as Head of Power Generation in London

13th February 2024 - Author: Saumya Jain

Tokio Marine HCC International (TMHCCI), a member of the Tokio Marine HCC group of companies, has appointed Nicola Hannay as the Head of Power Generation, effective immediately, reporting to Ben Kinder, Chief Underwriting Officer – Marine, Energy and Renewables.

Tokio Marine HCCBased out of the firm’s London energy practice, Hannay’s appointment will work in tandem with and complement the company’s wider renewable offering led by GCube, providing clients with a comprehensive solution to insuring energy transition.

Most recently, Hannay served as the Global Head of Power in SCOR’s Business Solutions division. She is a market veteran with nearly three decades of experience in building and leading profitable power portfolios at a series of businesses including AXA XL and AIG.

This strategic appointment will see TMHCCI further expand its energy offering to now cover thermal power plants, hydroelectric, solar power, geothermal, alternative power generation and mixed technology portfolios.

TMHCCI’s power portfolio comprises regulated and non-regulated producers, national and multinational power and utility companies, independent power producers as well as infrastructure investment and fund asset owners.

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Kinder commented on the appointment, “We are delighted to welcome Nicola to our team. She is a proven leader and a recognised expert in the power market. Her experience will strengthen our holistic offering in renewable and conventional energy.

“TMHCCI is dedicated to supporting energy businesses in their pursuit of sustainable solutions. Our pragmatic approach ensures that businesses at any stage of their sustainability journey can rely on us for expert underwriting.”

Kinder concluded, “We have identified clear growth opportunities across the energy market. Appointing someone of Nicola’s calibre is an indication of the scale of our ambitions and we expect to continue to bring in market-leading talent as we realise the growth opportunities available to us and further strengthen our lead position across the energy ecosystem.”

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