TMK bolsters life sciences segment with underwriter addition

He will be second in seniority to the head of the division

TMK bolsters life sciences segment with underwriter addition

Life & Health

By Kenneth Araullo

Tokio Marine Kiln (TMK) has welcomed Liam Burke, ACII (pictured above), as a new underwriter in its life sciences division, effective immediately.

Burke, previously a US specialty programs underwriter at Beazley, will hold the position second in seniority to TMK’s head of life sciences, Kirsten Shastri, whom he will be reporting to.

In the role, Burke will oversee the growth and advancement of the globally accessible (excluding the US) IntelliMed product. This product offers specialised and tailored coverage for a spectrum of life sciences risks, encompassing traditional medical devices, pharmaceuticals, clinical trials, and cutting-edge innovations like smart medtech products, telemedicine, and health apps.

According to his LinkedIn, Burke spent almost six years at Beazley in various underwriting roles. He graduated from the University of Nottingham and is an Associate of the Chartered Insurance Institute (ACII) as of October 2020.

“TMK aspires to be the leading market for life sciences at Lloyd’s. Liam’s appointment is a signal of that intent and his broad, specialty market experience and strong personal interest in health, fitness and nutrition will help support it. I am delighted to welcome him to the team and look forward to working with him to further develop IntelliMed to meet the needs of the life sciences community, one of the world’s most innovative and fast-evolving sectors,” Shastri said.

Burke’s appointment is part of a series of recent significant hires and promotions at TMK, including the launch of its cyber and enterprise risk division a few months ago and bringing in Luke Fardell as a cybersecurity specialist.

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