Tokio Marine HCC today announced the appointments of Stuart Heath to the new role of Head of Delegated Property, effective 4 November 2019, and Linda Johnson as Senior Underwriter for Delegated Property, effective 11 November 2019.
In his new role, Mr. Heath will work alongside Simon Button, Chief Underwriting Officer – London Market division of Tokio Marine HCC – International Group, and be responsible for building a new account, focused on UK and European specialty property. Mr. Heath brings over 40 years of market experience, most recently with AXIS, formerly Novae, where he spent ten years and was Global Head of International Property and a Member to its Executive Committee. Prior to his time at AXIS and Novae, Mr. Heath worked at Equity Red Star and several Lloyd’s brokers.
Ms. Johnson will report into Mr. Heath. She has over 35 years of industry experience and highly developed technical underwriting expertise. Her career has included roles at Churchill, Equity Red Star and AXIS.
Commenting on the appointments, Mr. Button said: “I’m pleased to be working with Stuart and Linda as we build our new delegated property offering. Stuart has an unrivalled track record of developing successful teams and is off to a great start with Linda’s hire. I’m confident they will both be invaluable assets as we continue to grow our property business lines at Tokio Marine HCC.”
Barry Cook, Chief Executive Officer of Tokio Marine HCC – International Group, added: “I am delighted to welcome two individuals with such strong industry experience and reputation to our team. Stuart and Linda’s appointments echo our strategic goals of growing our focused London Market portfolio, and I am looking forward to establishing Tokio Marine HCC further into the property market across the UK and wider Europe.”
Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’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. Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $34 billion as of December 31, 2018. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.