Tuesday 04 February 2025 - Company news

Tokio Marine HCC appoints Brendan Gaine as Head of North American Distribution

Houston, TX – (February 4, 2025) – Tokio Marine HCC (TMHCC), based in Houston, Texas, has today announced the appointment of Brendan Gaine as Head of North American Distribution. PWC

In this newly created role, Brendan will be responsible for developing new and enhancing existing distribution relationships for TMHCC’s diverse offering of specialty products available in North America.

Brendan will work closely with TMHCC’s business units to understand risk appetites, existing relationships, and target areas for growth. With his deep understanding of the structures of the major brokerages, he will enhance TMHCC’s capabilities in matching expertise and resources between its underwriting teams and distribution partners.  

He will also collaborate with distribution leaders across Tokio Marine Group’s US-based business units to capitalize on intelligence and ensure Tokio Marine’s full breadth of capabilities is fully accessible to its brokerage relationships. He will report to Jay Ritchie, Chief Executive Officer of TMHCC – Stop Loss Group, who has been overseeing TMHCC’s distribution strategy in North America since July 2023.

Brendan joins from Brightway Insurance, where he was Head of National Franchise Sales, and brings with him over 30 years’ experience in driving growth for some of the largest insurers in North America, including QBE North America and Liberty Mutual Group.

This announcement comes alongside the news that Stuart Heath has been appointed Head of Distribution – International. Stuart will focus on enhancing the business’ relationships with its international brokers and collaboration capabilities across the company’s UK and European businesses units. Brendan and Stuart will work closely together, ensuring the alignment and further development of TMHCC’s global distribution strategy and service offering around the world.

TMHCC underwrites over 100 lines of specialty insurance across 180 countries, the new roles are part of a drive to increase collaboration across its global network. In an increasingly diverse risk landscape, insureds will now have improved access to the full suite of TMHCC’s capabilities.

Susan Rivera, Chief Executive Officer of Tokio Marine HCC, said: “I am delighted to welcome Brendan to TMHCC. He is the ideal candidate to help ensure our business partners are fully and readily aware of the comprehensive offering of specialty insurance products TMHCC has to offer. We want to be our partners’ first choice for consistent and market-leading technical expertise, with unparalleled service and financial strength.

"This announcement, along with the appointment of Stuart Heath, marks a new chapter of growth for the business, in which we can deliver greater global presence and market-leading solutions to our broker partners.”

Brendan Gaine, Head of North American Distribution, said: “Tokio Marine HCC has gone from strength-to-strength in its 51 years of operating, and I look forward to being a part of its continued success by effectively educating and connecting our distribution partners to the expansive and world-class underwriting capabilities of Tokio Marine HCC."

About Tokio Marine HCC

Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $71 billion as of September 30, 2024. 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.

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