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Tokio Marine HCC today announced the appointment of Chris Marx as Senior Surety Underwriter – Netherlands as of 1 July 2019. Chris will report directly to Björn Eding, Head of Surety – Netherlands, who was appointed on 1 February 2019. With these hires Tokio Marine HCC continues to expand its international Surety capabilities into Continental Europe and beyond. Based in Amsterdam, Björn and Chris will further develop the Surety practice across the Benelux region to assist clients with their domestic and international Surety needs through Tokio Marine HCC’s global network.
Björn has more than 18 years’ experience working in the sector. Prior to joining Tokio Marine HCC, Björn worked as Surety Manager Benelux at Chubb. With significant industry experience, he has also held roles at Nationale Borg, where he provided local and international Surety guarantees to medium and large corporate organisations.
Chris joined from Euler Hermes, where he worked as Senior Underwriter and Special Products Manager. He has also held a position at Nationale Borg. With over 15 years in the financial services industry, he has gained extensive local and international experience in both the Surety and Credit market.
Björn Eding, Head of Surety - Netherlands at Tokio Marine HCC said: “The Benelux region, with various financial institutions, mature market conditions and the transit of goods and services, is a crucial area for Surety business. Hence, we are very pleased that Chris joins our team as he brings significant knowledge of the Benelux Surety market. Tokio Marine HCC’s focus on service delivery, which is backed by the company’s profile and AA- (Very Strong) S&P rating, will provide a compelling offering for both clients and brokers.”
Chris Marx, Senior Surety Underwriter - Netherlands at Tokio Marine HCC added: “The Surety market in the Benelux region has transformed over the last five years due to high demand and an increase in capacity providers. I am confident that Tokio Marine HCC will add considerable value to the market, and I look forward to meeting the needs of our clients with the expert capabilities of the company.”
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.
