Tokio Marine HCC expands offering with new London team

Company lauds experience of two appointees to benefit crisis management

Tokio Marine HCC expands offering with new London team

Insurance News

By Jonalyn Cueto

Tokio Marine HCC – Specialty Group, a member of the Tokio Marine HCC group of companies, has unveiled its latest endeavour in London. The announcement comes with the launch of its new product recall offering, accompanied by two senior appointments to its crisis management team.

Mark Hutton takes the helm in the newly established role of head of crisis management for international, effective May 13, 2024. Hutton brings with him a wealth of experience garnered over a 25-year career in underwriting. His previous roles include serving as global product head for product recall at AXA XL and head of casualty at McLarens Young International. According to a news release, Hutton led significant portfolios and achieved acclaim for his market acumen during his tenure at XL Catlin.

In his new role, Hutton will lead the international crisis management division, with a focus on cultivating the product recall segment. His purview extends to pivotal sectors such as food and beverage, and automotives, with plans for expansion into additional product categories.

Accompanying Hutton is Ian Davidson, appointed as senior underwriter for crisis management. Davidson also hails from AXA XL and brings to his new role a wealth of experience in product recall for the APAC region from his previous role at XL Catlin’s Sydney office. His expertise includes handling kidnap and ransom and political violence lines.

Philip Hall, managing director of Tokio Marine HCC – Specialty Group’s international division, expressed his enthusiasm regarding the latest additions to the team.

“We are thrilled to welcome Mark and Ian to TMHCC – Specialty Group. This new team represents a key extension of our market-leading US product recall expertise, which will support our growth ambitions for this class in London,” he said.

“Mark is the ideal person to drive the expansion of our international crisis management business, and I am certain this new team will complement our existing expertise and cement our status as a market leader in the class.” He further underscored the company’s prowess in attracting top-tier talent, positioning the firm favourably to achieve its ambitious growth objectives.

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