Tuesday 04 February 2025 - Company news

Tokio Marine HCC International appoints Stuart Heath as Head of Distribution – International

London, UK – (February 4, 2025) – Tokio Marine HCC (TMHCC) International, a member of the Tokio Marine HCC group of companies based in Houston, Texas, has today announced the appointment of Stuart Heath as Head of Distribution – International. In this newly created role, he will be responsible for developing new and enhancing existing distribution relationships for TMHCC International’s diverse offering of specialty products available in the UK and Europe.

Stuart will work closely with TMHCC International’s business units to oversee and drive collaboration across the region. He will report to Simon Button, Chief Underwriting Officer.

In his expanded role, Stuart will work closely with TMHCC International’s business units to enhance their offering to clients, brokers, and reinsurance partners, through greater knowledge and resource sharing across the network.

Stuart brings to the new role over 25 years’ experience in the global insurance market. He will also retain his current role as Head of Delegated Property at TMHCC International, which he has held since 2019.

This announcement comes alongside the news that Brendan Gaine has been appointed Head of North American Distribution at TMHCC, with a focus on ensuring that Tokio Marine’s full breadth of capabilities is accessible to its broker partners across the region.

With TMHCC delivering 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.

Simon Button, Chief Underwriting Officer – said: “We’re delighted to be appointing Stuart to this new role. With his deep knowledge of TMHCC International, in addition to his vast experience working across the UK and European markets, he will be vital in driving us forward into our next chapter of growth.”

Stuart Heath, Head of Distribution – International, said: “I am excited to take on additional responsibilities in this newly created distribution role. My priority will be to continue strengthening our relationships with brokers and distribution partners, and to spearhead knowledge sharing across our UK and Europe business units.

“The new role will also allow underwriters to focus on what they do best, while ensuring we maximise all avenues for cross-selling. Working in tandem with Brendan Gaine, we plan to unlock new growth opportunities and provide comprehensive access to TMHCC's extensive range of specialty insurance products.”

 

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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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