9 August 2018Insurance

Tokio Marine HCC appoints COO for professional lines, public risk groups

Specialty insurance group Tokio Marine HCC has appointed Christopher Skarinka as chief operating officer (COO) for its professional lines and public risk groups, which specialises in small accounts errors & omissions (E&O) coverage and municipality business.

Prior to joining Tokio Marine, Skarinka was a co-founder of Weather Analytics, a risk analytics company, and served there as president and a member of the board of directors. In 2012, he co-founded and served as chief financial officer of Kanopy Insurance, an independent personal lines agency.

Thomas Harmeyer, president of professional lines and public risk at Tokio Marine HCC, commented: “Chris has demonstrated the entrepreneurial spirit that sets us apart from our competitors. His experience in the financial industry and expertise in envisioning and designing artificial intelligence will help us execute growth plans for our Professional Lines unit and our leading Public Entity practice.”

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7 August 2018   San Francisco-based insurtech startup MetroMile has entered into a strategic partnership with Tokio Marine Holdings following a $90 million investment by the Japanese property/casualty insurer and Intact Financial.
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27 July 2018   Specialist insurer Tokio Marine HCC has appointed Susan Rivera as its next chief executive officer effective Sept. 1, replacing current CEO Christopher Williams.
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10 August 2018   Japan-based Tokio Marine Holdings reported ordinary profit of ¥138.06 billion ($1.24 billion) for the first quarter of its 2018 financial year (April-June), up 11.7 percent year on year.