15 November 2019Insurance

Tokio Marine HCC appoints new head of delegated property and senior underwriter

Specialty insurance group Tokio Marine HCC has appointed Stuart Heath to the new role of head of delegated property, effective November 4 2019, and Linda Johnson as senior underwriter for delegated property, effective November 11 2019.

In his new role, Heath will work alongside Simon Button, chief underwriting officer – London Market division of Tokio Marine HCC – International Group, and be responsible for building a new account, focused on UK and European specialty property. Heath brings over 40 years of market experience, most recently with AXIS, formerly Novae, where he spent ten years and was global head of international property and a member to its executive committee. Prior to his time at AXIS and Novae, Heath worked at Equity Red Star and several Lloyd’s brokers.

Linda Johnson will report into Heath. She has over 35 years of industry experience and highly developed technical underwriting expertise. Her career has included roles at Churchill, Equity Red Star and AXIS.

Commenting on the appointments, Simon Button said: “I’m pleased to be working with Stuart and Linda as we build our new delegated property offering. Stuart has an unrivalled track record of developing successful teams and is off to a great start with Linda’s hire. I’m confident they will both be invaluable assets as we continue to grow our property business lines at Tokio Marine HCC.”

Barry Cook, chief executive officer of Tokio Marine HCC – International Group, added: “I am delighted to welcome two individuals with such strong industry experience and reputation to our team. Stuart and Linda’s appointments echo our strategic goals of growing our focused London Market portfolio, and I am looking forward to establishing Tokio Marine HCC further into the property market across the UK and wider Europe.”

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