Tokio Marine names Michael Schell as new president as Burke retires

Houston-based Tokio Marine HCC has named Michael Schell as its new president following the retirement of William Burke in April 2019.

Schell currently serves as executive vice president at Tokio Marine HCC, and chief executive officer of the group insurance companies including Houston Casualty Company, US Specialty Insurance Company and Avemco Insurance Company; and president of HCC Reinsurance Company.

Schell will also join the company’s board of directors. He has also been appointed by Tokio Marine Holdings to the role of global reinsurance advisor.

Burke will retire as president on April 1, 2019 but will continue to support the company as a member of the board of directors.  

“Mike’s wealth of insurance experience and intimate knowledge of TMHCC make him the perfect candidate to assume this role," said Susan Rivera, Tokio Marine HCC’s chief executive officer. "He is respected and highly regarded within TMHCC and throughout the industry.  I look forward to working with Mike to make this a seamless transition.”

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

Lloyd’s reveals new head of global operations

Berkshire Hathaway, Amazon and JPMorgan joint venture finally has a name

Lockton eyes Asia expansion with new COO from JLT

Download our whitepaper: 'Why Automation & AI Matters For Commercial Lines'