Tokio Marine Kiln News

Reinsurance Broker Guy Carpenter Suspends Two Over Harassing Email

A Lloyd’s of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about a female colleague. A second employee was suspended for forwarding the message outside the firm. “We take all incidents of …

2 Execs at Lloyd’s Insurer TMK Forced to Resign After Sexual Harassment Allegations

Two executives at a top Lloyd’s of London insurance company have resigned following allegations of sexual harassment. One was accused of groping colleagues at a booze-fueled party, the other of stalking a junior employee. The first executive was said to …

Tokio Marine Kiln Names Curran as Head of Reinsurance, Succeeding Huckstepp

Tokio Marine Kiln (TMK) announced the appointment of Will Curran as the new head of reinsurance, effective April 1, 2019. Curran succeeds David Huckstepp who is leaving TMK on a planned break from the sector. Curran began his career at …

Tokio Marine Kiln Closes Hong Kong Office

Tokio Marine Kiln (TMK) announced a reorganization of its Asian operations based primarily in Singapore with supporting offices in Hong Kong and Shanghai. TMK will be closing its Hong Kong office with immediate effect and making arrangements over the next …

New Property Insurer, Journey, to Include Texas in Initial Roll Out

Texas is one of three states in which a new property/casualty insurance company plans its initial roll out. In addition to Texas, Florida-based Journey Insurance Co., formed by United Insurance Holdings Corp. (UPC Insurance) in partnership with Tokio Marine Kiln, …

UPC Insurance, Tokio Marine Kiln Form New Florida-Based Property Insurer ‘Journey’

United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, has formed Journey Insurance Co. in partnership with Tokio Marine Kiln. The new property and casualty insurer will initially focus on offering homeowners and commercial residential property …

Tokio Marine Kiln Appoints Patel, Formerly with AXIS/Novae, as CFO

Tokio Marine Kiln (TMK) has appointed of Reeken Patel as chief financial officer (CFO). He joins TMK on Oct. 1, when he takes over from James Dover who has chosen to leave the business after 12 years at TMK and …

NTT DATA UK to Provide Robotics Services for TMK’s Marine Transactions

NTT DATA UK, a Tokyo-based consulting and IT services provider, announced it has entered into a partnership to provide robotics services to Tokio Marine Kiln (TMK). NTT DATA UK’s Cargo 10 Virtual Worker is the first of several planned Robotic …

TMK Completes Acquisition of WNC Holdings in Southern California

Tokio Marine Kiln has bought the remaining 51 percent share in Irvine, Calif.-based WNC Holdings. WNC, a managing general underwriter, provides a range of specialty risk management solutions including private flood, builders’ risk and lender–placed products. It expects approximately $200 …

TMK Launches $100M Intellectual Property Facility with Aon, Lloyd’s Syndicates

Tokio Marine Kiln (TMK) has established a US$100 million intellectual property (IP) facility with global insurance broker Aon and several other Lloyd’s syndicates. The facility will be led by TMK and is one of the first for IP in the …