Tokio Marine HCC today announced the appointment of Paul Knighton to join its Marine Liability division as Logistics Underwriter. Paul will report into Darren Carr, Head of Marine Liability, and his role will largely be based around developing the Logistics and Freight Forwarders book of business.
Paul’s hire further expands the team that began trading in January, offering specialist Marine insurance. The division’s products include: Marine Trades, Marine Property, Protection and Indemnity (P&I) Reinsurance, and Marine and Energy Liability.
Paul has been working in the London Market for eighteen years and has significant experience in both broker and underwriter roles across the Logistics, Cargo and Ports & Terminals classes. He joins from Skuld where he worked as Head of Marine Cargo & Property. Prior to this, Paul spent five years at TT Club.
Darren Carr, Head of Marine Liability division of Tokio Marine HCC – International Group, said: “We are delighted with Paul’s appointment and believe his strong, technical knowledge and experience complements the team well. Today, the market remains challenging for all Marine & Transportation classes, but with a strategic approach and an emphasis on relationships, technology and adding value, we are successfully navigating the current market challenges.”
Simon Button, Chief Underwriting Officer – London Market division of Tokio Marine HCC – International Group commented: “Paul’s hire is testimony to our growth strategy while also highlighting Tokio Marine HCC’s investment in the Marine Liability space.”
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 2,900 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, 2018.
For further information, please visit www.tmhcc.com.
Contact: Hannah Powell
Marketing and Communications Officer
Tokio Marine HCC
Telephone: +44 (0)20 7680 2946