6 March 2023Insurance

Tokio Marine nabs AIG/Munich Re specialist to tackle high volatility in aviation war risks

Specialist and corporate insurer  Tokio Marine Kiln (TMK) has created a new aviation war team with the hiring of AIG’s underwriting manager, with a background at Talbot, Munich Re Syndicate and Marsh McLennan in the Lloyd’s market, in a move to manage mounting risks in an increasingly complex trading environment and geopolitical uncertainty.

Will Green (pictured) has joined TMK as divisional head of war within its aviation underwriting team.

Green has extensive experience in aviation, with more than 13 years in insurance underwriting and broking roles. Most recently, he served as underwriting manager - airline at AIG in London. Prior to that, he was class underwriter, aviation at Talbot. Green also previously worked at Munich Re Syndicate as senior aviation war underwriter after spending over six years at broker Marsh McLennan as an aviation broker.

TMK said the recent geopolitical uncertainty has heightened focus and demand for specialist war risks coverage. It has created a dedicated aviation war team to tackle these challenges ahead. TMK’s aviation war team will offer bespoke solutions for clients and brokers alike.

The team includes head of aviation David Slevin and divisional head of war Green, alongside two other senior members of the team - Lisa Leahy, divisional head of airlines, who joined TMK at the end of 2022, and Graham Oddie, divisional head of general aviation and aerospace.

TMK has written aviation business since 1976 and is the largest writer of aviation risks in the Lloyd’s market by GWP.

Green said: “I’m delighted to have joined TMK, a recognised leader in the Lloyd’s insurance market which offers the scale and strength that our clients need to manage the volatility we are seeing. I’m looking forward to bringing my experience to this dynamic team and building a successful and dedicated Aviation War team.”

Slevin added: “We expect uncertainty to continue over the next few decades, which highlights the need for specialist war markets. At TMK, we want to ensure that the market repositions itself and is robust enough to withstand increased geopolitical volatility. I’m delighted to welcome Will to the team.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

19 May 2023   Underlying earnings at int’l units should deliver half of Tokio’s expected 10% profit gain.
5 June 2023   The insurer has set up a standalone cyber and enterprise risk division.
3 July 2023   The new hire will oversee and boost TMK’s London cargo portfolio.