Tokio Marine Kiln completes restructure

Tokio Marine Kiln (TMK) has completed the restructuring of its underwriting divisions along sector lines.

The structure offers clients access to both Lloyd’s and company paper with underwriting divisions now capable of writing on both platforms.

Underwriters for TMK based outside of London will now be divided by business line rather than geographic location or platform.

The restructure has re-grouped TMK’s seven underwriting divisions into four underwriting departments: property, motor and liability; marine, aviation and special risks; accident, health and life; and reinsurance.
The four teams will have a single reporting line into group chief underwriting officer, Paul Culham.

Charles Franks, chief executive officer, commented: “When we embarked on the integration of Kiln and Tokio Marine Europe one of the main objectives was to create one structure where clients could have a single point of contact for policies on either of our platforms.

“Completing this change is a milestone for us. Our clients, regardless of where they are based or what platform they want, will be able to have a dedicated business line specific underwriter. Whilst this restructure is an internal process, the positive effects of the change will be felt by clients who will find it easier to do business with us and notice the difference in our operational efficiency.”