Texas-based Specialty Group, a member of the Tokio Marine HCC group of companies, has strengthened its global broker proposition by incorporating its Crisis Management Insurance team into its International Division.
This integration provides intermediaries with easier access to Tokio Marine HCC’s expertise and to discuss a broader scope of client needs through a single point of contact, says the firm.
The Barcelona-based Crisis Management Insurance team is led by Doris Pajon, Senior Underwriting Manager, Crisis Management Insurance. The team is well placed to serve insureds at a global scale through its existing global network of brokers.
The expanded International Division of the Specialty Group now has teams located in London, Barcelona, Paris, Brussels, and Dusseldorf, further enhancing its international and multi-lingual proposition for both brokers and clients.
Philip Hall, Managing Director of Tokio Marine HCC – Specialty Group’s International Division, commented, “We are delighted that Doris and her Europe-based team have been integrated into the broader Specialty Group. The Crisis Management product mix is hugely complimentary to both our Contingency and Disability lines of business and will enable us to help deliver more complete solutions for our broker partners and their clients.”
The addition of the Crisis Management Insurance team allows the International Division of the Specialty Group a third line of business that provides kidnap & ransom, maritime piracy, and active assailant covers.
Anthony Osterrieth, Head of International Business Development, Tokio Marine HCC – Specialty Group, added, “Integrating the Crisis Management Insurance team into the International Division of the Specialty Group makes sense for a number of reasons. One of the benefits is that this mirrors the structure of some major brokers and gives them more convenient access to our Contingency, Disability and Crisis underwriters.”
Pajon said, “The integration will create some exciting synergies. In particular, I am sure our kidnap & ransom and active assailant covers will both be attractive to clients already speaking to our colleagues about personal accident and event cancellation insurance.”
Tokio Marine HCC – Specialty Group has been writing Contingency and Disability insurance for over 40 years.
