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London, 12 February 2024
Tokio Marine HCC International (TMHCCI), a member of the Tokio Marine HCC group of companies, has today announced the appointment of Nicola Hannay as Head of Power Generation in its London-based energy practice. She takes up her new role with immediate effect and reports to Ben Kinder, Chief Underwriting Officer – Marine, Energy and Renewables.
Nicola joins from SCOR, where she served, most recently, as Global Head of Power in SCOR’s Business Solutions division. She brings nearly three decades of experience to her new role and has built and led profitable power portfolios at a series of businesses including Axa XL and AIG.
This strategic appointment will see TMHCCI further expand its comprehensive energy offering – covering thermal power plants, hydroelectric, solar power, geothermal, alternative power generation and mixed technology portfolios.
TMHCCI’s power portfolio comprises regulated and non-regulated producers, national and multinational power and utility companies, independent power producers as well as infrastructure investment and fund asset owners.
Ben Kinder said: “We are delighted to welcome Nicola to our team. She is a proven leader and a recognised expert in the power market. Her experience will strengthen our holistic offering in renewable and conventional energy.
“TMHCCI is dedicated to supporting energy businesses in their pursuit of sustainable solutions. Our pragmatic approach ensures that businesses at any stage of their sustainability journey can rely on us for expert underwriting.
“We have identified clear growth opportunities across the energy market. Appointing someone of Nicola’s calibre is an indication of the scale of our ambitions and we expect to continue to bring in market leading talent as we realise the growth opportunities available to us and further strengthen our lead position across the energy ecosystem.”
This new appointment will work in tandem with and complement TMHCCI’s wider renewable offering led by GCube, the leading underwriter for renewable energy projects, providing clients with a comprehensive solution to insuring energy transition.
END
Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $46 billion as of September 30, 2023. 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 AM 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.
