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See all the news storiesGrowth Surge Sees Tokio Marine HCC International’s London Market Operations Move to the Walkie Talkie Building
London, 11 August 2022
Tokio Marine HCC International (TMHCCI) has announced that its London Market operations, including GCube, will move from their current, separate offices in to one consolidated location, on floor 6 of 20 Fenchurch Street, commonly known as the Walkie Talkie.
The move will happen in three phases. The first part, which is already underway, will see GCube, Marine Liability, Marine Hull, Marine Cargo and Energy make the move to their new premises.
The second part is scheduled for Q4 this year when all other London Market teams, US Credit and Underwriting Performance, will move to the Walkie Talkie.
The final phase will occur in Q1 2023 where a new broker trading floor will be located on floor 7.
In recent years, TMHCCI London Market operations has grown significantly with plans for further expansion necessitating the move to larger premises.
Commenting on the move, Simon Button, Chief Underwriting Officer for TMHCCI’s London Market business, said: “Our growth trajectory over the last few years has been as remarkable as it has been consistent, and as we have expanded, we have brought in more expertise and experience to support that growth.
“We need more space for our increasing headcount, and we want them to have the best facilities and working environment we can provide. Our Lime Street premises have served us well over the years, but we are excited to be making the move to the Walkie Talkie with our dedicated broker trading floor and we look forward to welcoming our broker partners to our new home.”
ENDS
Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $36 billion as of September 30, 2022. 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.
