Tokio Marine HCC – Specialty Group appoints Shaun Russ as Head of London Market, Crisis Management

London, 20 May 2024

Tokio Marine HCC (TMHCC) – Specialty Group, a member of the Tokio Marine HCC group of companies, has today announced the appointment of Shaun Russ as Head of London Market, Crisis Management, based in London. Shaun reports to Mark Hutton, who was appointed as Head of Crisis Management, International in May 2024. 

 

Shaun brings over 15 years’ of London Market experience and joins TMHCC from Axa XL where he served as Senior Product Recall Underwriter. He has also held roles at Chubb Global Markets and Lockton Companies International.

In his previous role, Shaun was responsible for the growth of the Product Recall portfolio in London and its expansion into new territories, most notably Japan. He acted as a key point of contact for complex Product Recall risk, with a focus on contaminated products and non-food product lines including automotive component parts, and consumer goods.

In his new role, Shaun will also work closely with Ian Davidson, Senior Underwriter, Crisis Management, who joined the team in March 2024. This new team represents a key extension of Tokio Marine HCC – Specialty Group’s market leading U.S. product recall expertise.

Philip Hall, Managing Director of Tokio Marine HCC – Specialty Group’s International division, said: “We are delighted to have Shaun joining us to lead the London Market division of our Crisis Management business. Alongside Mark Hutton and Ian Davidson, Shaun will be responsible for the growth of our international Product Recall portfolio, complementing our industry-leading division in the U.S."

“Since the start of the year, we have built a new, best-in-class team of senior product recall specialists. I am confident that together they will drive growth and deliver outstanding results for the business.”

 

 

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Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $61 billion as of March 31, 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 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.

 

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