Tokio Marine Kiln Strengthens Leadership and Partnerships for Future Growth

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Tokio Marine Kiln is making significant moves to strengthen its leadership and partnerships for future growth. The company has appointed a new CEO to lead its global operations.

As a result of this change, Tokio Marine Kiln is well-positioned to adapt to the evolving insurance landscape.

The company's commitment to innovation and strategic partnerships will likely drive its growth forward.

Leadership Appointments

Tokio Marine Kiln has made several key leadership appointments to drive growth and expansion. Stephanie Hong was appointed as a Marine Underwriter in Asia Pacific, based in Singapore.

The company has also established a new Specialty Reinsurance division, led by Phil Taylor as Head of Specialty Reinsurance. This move aligns with Tokio Marine Kiln's focus on growth and diversification.

Alexandros Ampatzis was named Head of Marine for the Asia-Pacific region, reporting to Jamie Tang, TMK's Regional Underwriting Director for APAC.

Alexandros Ampatzis Named Asia-Pacific Head

Alexandros Ampatzis has been appointed as the Head of Marine for Asia-Pacific at Tokio Marine Kiln.

A Woman holding Insurance Policy
Credit: pexels.com, A Woman holding Insurance Policy

He will report to Jamie Tang, TMK’s Regional Underwriting Director for APAC.

Ampatzis is a seasoned expert in marine insurance.

He brings a wealth of experience to his new role, which is effective November 1, 2024.

The appointment is part of TMK's ongoing strategy to strengthen its team and increase its marine insurance business across APAC.

TMK aims to double the size of its Lloyd's Asia platform by 2027.

Ampatzis will lead efforts to bolster TMK's presence across Asia, a region that spans from Australia to the Middle East.

Appoints Alexandra Barnes

Tokio Marine Kiln has appointed Alexandra Barnes to its Marine & Energy team.

Alexandra Barnes brings 26 years of experience in the insurance industry to her new role.

She will be focusing on global energy risks and renewables in her new position.

Barnes will start her new role this autumn.

Reinsurance and Partnerships

Tokio Marine Kiln has established a new Specialty Reinsurance division to support its growth ambitions.

Credit: youtube.com, Insurance Careers at Tokio Marine Highland

The division will be led by Phil Taylor, who has over 25 years of experience in the specialist insurance industry.

Taylor has a strong background in underwriting, having held various roles with Liberty Specialty Markets, Novae, and Aon. He also spent four years with Everest, most recently as global head of Specialty Reinsurance.

Launch Specialty Reinsurance

Tokio Marine Kiln has launched a new Specialty Reinsurance division to support its growth ambitions in the sector. This move highlights the company's commitment to expanding its presence in the reinsurance market.

The new division will be led by Phil Taylor, a seasoned underwriter with over 25 years of experience in the specialist insurance industry. Taylor has held various underwriting roles with Liberty Specialty Markets, Novae, and Aon, and most recently served as global head of Specialty Reinsurance at Everest.

Taylor will focus on building TMK's global specialty reinsurance portfolio and join the company in early 2025. His appointment is a strategic move to leverage his expertise and expand the company's presence in this class.

Vivek Syal, chief underwriting officer at TMK, commented on the appointment, stating that TMK's reinsurance expertise is renowned market-wide and that Phil is an exceptional underwriter and business leader.

TMK Partners with Kita for Carbon Credit Risk Insurance

Credit: youtube.com, Natalia Dorfman on the Role of Insurance in De-Risking Carbon Markets

Tokio Marine Kiln (TMK) has partnered with carbon credit insurance specialist Kita to provide Political Risk insurance for carbon credit projects. This new product will reportedly insure project developers and their investors against risks such as confiscation, nationalisation, and more.

Ed Parker, Head of Special Risks at TMK, is leading the new product. TMK's reinsurance expertise is renowned market-wide, and the company is well-positioned to build its portfolio in this strategically significant class.

The new product aims to provide an outstanding service to clients, and TMK is extremely well-positioned to deliver on this promise. With over 25 years of experience in the specialist insurance industry, Phil Taylor, the new head of Specialty Reinsurance at TMK, is an exceptional underwriter and business leader.

TMK's partnership with Kita is a strategic move to expand its presence in the FemHealth sector, where insurance is crucial for unlocking growth.

McGill, TMK, Convex Launch AI Trade Disruption Facility

An Insurance Agent Holding an Insurance Policy
Credit: pexels.com, An Insurance Agent Holding an Insurance Policy

McGill and Partners, TMK, and Convex launch a new AI-powered trade disruption insurance facility. This facility offers limits of $95 million, led by Tokio Marine Kiln (TMK).

The solution leverages artificial intelligence technology from Altana. This technology is key to the facility's success.

McGill and Partners is an independent global specialty insurance and reinsurance broker. They're known for their expertise and innovative solutions.

TMK takes the lead with a limit of $95 million. This shows their commitment to the partnership and the facility's success.

The facility's launch is a significant development in the reinsurance industry. It highlights the growing importance of AI in insurance and reinsurance.

New Underwriters

Tokio Marine Kiln has been expanding its team with new underwriters in the Asia-Pacific region, a move that's part of the company's strategy to strengthen its presence in the region.

Stephanie Hong is the latest addition, joining as a Marine Underwriter in APAC, based in Singapore. She will lead efforts to bolster TMK's presence across Asia.

Credit: youtube.com, Tokio Marine America Careers – Underwriting

Yixiang Yang is another expert who has joined TMK as the Head of Accident and Health for the Asia-Pacific region. He brings nearly 20 years of experience in the APAC region to the role.

Georgina Furness-Smith is a cyber insurance specialist who has joined TMK as Cyber Underwriter in APAC. She has over five years of underwriting experience and will take up her role on 1 January.

The new underwriters are part of TMK's ongoing strategy to increase its marine insurance business across APAC, a region that spans from Australia to the Middle East.

Frequently Asked Questions

What is Tokio Marine Kiln S&P rating?

Tokio Marine Kiln has a strong S&P rating of AA-, indicating a very high level of financial stability. This rating reflects our company's excellent creditworthiness and financial performance.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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