Tokio Marine HCC International plots further growth in M&A markets with restructure and senior appointments
Tokio Marine HCC International (TMHCCI) has reorganised its Transaction Risk Insurance (TRI) division as it aims to capitalise on the unprecedented mergers and acquisition (M&A) activity across the globe.
To better reflect the nuances of markets around the world and the support they require, TMHCCI has created two new units – TRI North America and TRI International.
The North American operation, headed up by Shane de Burca, will focus on supporting clients in the USA, Canada and Mexico. Shane is a qualified M&A attorney and has over 20 years’ experience in private legal practice and in the insurance industry. Prior to joining Tokio Marine HCC in 2017, he was Chief Counsel, Underwriting at Concord Specialty Risk.
The International operation, which covers all territories outside North America, will be headed up by Adrià Vázquez. Adrià, who has over 10 years’ experience supporting M&A transactions, has been with TMHCCI for many years and has vast technical TRI expertise across Europe, Asia and the Pacific. Having been based in Singapore for the last four years, Adrià will return to the TMHCCI’s Financial Lines hub in Barcelona, Spain to lead the International TRI operation.
To support the creation of the two units, three further appointments have been made. A.J. Kritzman has been appointed TRI Underwriting Manager North America and Laura Roman has been appointed TRI Underwriting Manager International. These new roles are designed to foster collaboration across the regional TRI teams on underwriting strategy, market trends and talent development.
In addition, Tom Burke has been promoted to TRI Manager APAC. Based out of Sydney, Australia, Tom will lead the underwriting teams in Singapore and Sydney to support clients across the APAC region.
Commenting on the restructure and appointments, Henk Bakker, Managing Director for Financial Lines, Cyber and TRI at TMHCCI, said: “These promotions reflect the strong bench of talent we have at Tokio Marine HCC.”
“With M&A activity at record levels, 2021 has proven to be prolific for our market and the TRI team. We believe the structure we have put in place and the appointments we have made today will ensure that we can further strengthen the value-add services we bring to our clients and business partners across the globe.”
Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $33 billion as of March 31, 2021. 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 “A+ (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 “A+ (Strong)” from S&P Global Ratings. 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. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.