Tokio Marine snaps up ex-Euler Hermes/Coface exec for European unit

Specialty insurance group  Tokio Marine HCC (TMHCC) – Credit Group has expanded its European credit and political risk team with the hiring of a senior underwriter.

The new hire, Benjamin Faubert (pictured), will write a combination of credit and political risk insurance products, with a particular focus on clients within the European Economic Area (EEA) region. He will operate from Tokio Marine HCC’s Paris office.

Starting his insurance career in London with Coface, Faubert has over a decade of experience in the market, having held a series of senior underwriting roles in London, New York City, and Paris at Euler Hermes, and Société Générale where he was director of syndications, credit and political risk.

Jerome Swinscoe, president of Tokio Marine HCC – Credit Group, said: “The growth of our Credit and Political Risk footprint in Europe is a key strategic priority for us but only with the right people and in the right sectors.

“I am delighted to have secured the services of someone of Benjamin’s calibre. We have ambitious plans for our team in France, and we expect to see strong, steady growth in the coming years by building long-lasting relationships with both brokers and clients, just as we have in the U.K. and U.S. Benjamin will play a key role in delivering on our plans across the EEA region.”

Faubert commented: “It’s a great opportunity to join such a strong team at a time when ambitions are so high. I look forward to working with the team to further establish the expertise and credentials of TMHCC in France and beyond.”

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