21 November 2018:
Tokio Marine HCC today announced the appointment of Darren Carr as Head of Marine Liability to support its growth strategy in the Marine insurance market as it develops its product offering, including: Marine Trades, Marine Property, Protection and Indemnity (P&I) Reinsurance, and Marine and Energy Liability. Darren will report to Simon Button, Chief Underwriting Officer – London Market division.
Darren started his career at Hiscox and has over sixteen years of extensive experience in the Marine Liability market. He joins Tokio Marine HCC from AXIS Capital (formally Novae), where he worked as Head of Marine and headed up various underwriting teams, including Marine Liability, Hull, Cargo and Specie, Reinsurance and Renewable Energy. In previous roles, Darren consistently developed market leading business lines and will continue to advance Marine insurance offerings at Tokio Marine HCC.
Simon Button, Chief Underwriting Officer – London Market division of Tokio Marine HCC – International Group, 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.”
Barry Cook, Chief Executive Officer of Tokio Marine HCC – 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.”
About Tokio Marine HCC
Tokio Marine HCC (TMHCC) is a leading specialty insurance group transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. Headquartered in Houston, Texas, the company is comprised of highly entrepreneurial teams equipped to underwrite special situations, companies and individuals, acting independently to deliver effective solutions. TMHCC’s products and capabilities set the standard for the industry, as many of its 2,700 employees are industry-leading experts. The company’s major domestic insurance companies have financial strength ratings of “AA- (Very Strong)” from S&P Global Ratings, “A++ (Superior)” from A.M. Best, and “AA- (Very Strong)” from Fitch Ratings; its major international insurance companies have financial strength ratings of “AA- (Very Strong)” from S&P Global Ratings. TMHCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalisation of $34 billion as of December 31, 2017.
For further information, please visit www.tmhcc.com.
Tokio Marine HCC
Hannah Powell, Marketing and Communications Officer
+44 (0)20 7680 2946