Tokio Marine taps AXIS marine head for London Market unit

Speciality insurer Tokio Marine HCC has hired AXIS Capital's head of marine as part of its growth strategy in the marine insurance market.

Darren Carr is joining Tokio Marine in the role of head of marine liability for its London market division. He will be tasked to develop its product offering, including marine trades, marine property, protection and indemnity (P&I) reinsurance, and marine and energy liability.

Carr was most recently at AXIS Capital, where he worked as head of marine and was responsible for various underwriting teams, including marine liability, hull, cargo and specie, reinsurance and renewable energy. He started his career at Hiscox and has over 16 years of experience in the marine liability market.

Carr will report to Simon Button, chief underwriting officer of Tokio Marine's London market division, who said: “I am delighted that Darren has joined the marine team. His experience and knowledge of the industry will help Tokio Marine HCC advance and invest in the marine liability space.”

Barry Cook, chief executive officer of Tokio Marine HCC – International Group, added: “The London market division continues to grow, withstanding challenging market place conditions. Recruiting reputable and experienced hires such as Darren highlights the steps that Tokio Marine HCC is taking to continually improve its offering to the broker and client community that is at the heart of our business.”

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