Tokio Marine HCC reinforces contingency business with appointments

Firm reveals two new hires and a promotion

Tokio Marine HCC reinforces contingency business with appointments

Insurance News

By Gabriel Olano

Tokio Marine HCC (TMHCC) Specialty Group has made a series of hires and promotions as it seeks to strengthen its footing in the contingency sector.

Martha Crowhurst (pictured above) has been promoted to senior contingency underwriter and will head TMHCC’s London market operation. Based in London, Crowhurst has been part of the contingency team for seven years, previously as underwriter and assistant underwriter. She will be responsible for building and maintaining TMHCC’s specialty London market contingency business, reporting to Neil Paddon, head of non-North American contingency business.

Joining Crowhurst in London is Joseph Bell, who has taken on the role of assistant underwriter, contingency. Bell joins from Fidelis, where he held a similar role. He has six years’ experience in underwriting contingency risks. He will report to Crowhurst and will be responsible for servicing the London market contingency business.

Farbod Bayat has joined from Liberty Specialty Markets as sports and entertainment underwriter. Based in Dusseldorf, Germany, Bayat will be responsible for managing the German-based sports disability and contingency business, working with the wider European team. According to TMHCC, his appointment boosts its existing expertise in London, Paris, Barcelona and Brussels. Bayat has nine years’ experience underwriting specialty risks, particularly within the accident and health sector.

“As market leaders in the contingency sector, we are always looking to move forward, enhance our proposition and invest in the depth of our expertise,” said Philip Hall, managing director of TMHCC Specialty Group. “These appointments are a great example of that, and it is hugely rewarding to be able to draw on our existing prowess to promote from within but also to be able to attract new talent to our growing team. If TMHCC is going to continue to lead this market, it’s vital we make these investments and that we have a local presence, trade in the local language, remain focused on our specialisms whilst continuing to bring decades of experience to continue to deliver on our client base. These appointments ensure we will do just that.”

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