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Tokio Marine HCC International (TMHCCI) is pursuing further growth in the UK regional Professional Risks market with three underwriting appointments and investment in new premises in Manchester.
Jazz Parkash has been appointed as Development Underwriter in the Birmingham branch, having spent 18 years in the broking sector with Lockton, Giles Insurance Brokers and latterly Wesleyan, where she was Professional Indemnity Broking Manager.
Joining her in the Birmingham team is Rhian Ottey who has been appointed Underwriting Assistant to the Professional Risks team. Rhian, who holds a law degree from Staffordshire University, has joined from Arc Legal and will assist underwriters across a range of professional risk products and services.
In Manchester, Scott McDermott has joined as a Development Underwriter for the region. Prior to joining, Scott spent nearly five years at Horwich Farrelly, working in both claimant and defendant civil litigation, before moving to BLM in 2017. In 2019, he made the move into the Professional Indemnity insurance market with Towergate Insurance where he specialised in Design and Construct risks.
To accommodate the growing team in Manchester, TMHCCI has moved from serviced offices in the city to a larger, permanent premises on the 6th floor of Colwyn Chambers at 19 York Street, a Grade II listed building nestled in the heart of the Northern Quarter.
The new premises boast state of the art facilities, enhanced trading capability and the capacity to accommodate future growth expected in the division. From a team of just two in 2016, the new office will serve an organisation of 12 highly experienced and specialist underwriters, servicing brokers and clients across the region. This growth trajectory is expected to continue.
Commenting on the recent hires, Andrew Macpherson, Regional Underwriting Director for Professional Risks, said: “We are delighted to welcome Jazz, Scott and Rhian to the team. Our division has grown exponentially over the last few years, and these hires further demonstrate our commitment to servicing markets across the UK as we continue to invest in our regional presence.
“For many in the market, London is the base for underwriting professional risks, but at TMHCCI, we know that brokers operating in and around the regions look after many excellent professional clients. We are determined to provide them with the same level of service that London-based businesses enjoy, wherever they are in the country.”
Commenting on the move, Frances Eaton, Underwriting Manager for Professional Risks, based in Manchester, said: “Over the past ten years we have become a well-established and trusted partner for brokers in the area.”
“The newly acquired space will help us as we continue to grow. We are proud of our reputation as one of, if not the largest and most experienced, Professional Risks underwriting teams in the city and the wider North West.”
ENDS
Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $46 billion as of September 30, 2023. 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 A.M. 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.
Contact
April Fenn, Communications Manager
Tokio Marine HCC International
[email protected]
+44 (0)20 7680 2937
