Tokio Marine HCC Worldwide (TMHCCI), a unit of Tokio Marine HCC (TMHCC), has introduced the creation of a worldwide media division.
The brand new unit can be centered on underwriting dangers related to the media, movie, tv and occasions sector.
Ros Breese, who has greater than 25 years of trade expertise, has been appointed because the underwriting director of media, movie & TV to steer the worldwide media group.
She’s going to report back to Tony Browne, managing director {of professional} dangers at TMHCCI.
Breese’s promotion follows her profitable tenure managing the media, movie & TV skilled indemnity portfolio since becoming a member of TMHCC in 2018.
The brand new division will incorporate TMHCC’s specialist media property and legal responsibility underwriting group, doubtlessly enabling Breese and her group to develop the division’s portfolio within the UK and world markets.
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Browne stated: “I’m thrilled to announce Ros’ promotion, her experience and fervour for the sector has enabled us to develop our guide considerably over the previous six years. This variation will permit our Media proposition to thrive internationally and set up ourselves as market leaders for this section.
“The media trade faces distinctive challenges and requires knowledgeable underwriting data and there’s no doubt that Ros is the right candidate to steer this group because it continues to develop and cement our place available in the market.”
In March, Apollo partnered with Munich Re Syndicate and TMHCCI to launch the Lloyd’s Marine Builders’ Threat Consortium.
The consortium is designed to fulfill the rising demand for lead capability inside London’s insurance coverage market.
TMHCC is a member of Tokio Marine Group, which is seeking to develop its worldwide operations with potential offers valued at $10bn (Y1.58trn).
The Japanese insurance coverage firm is actively monitoring public corporations throughout the globe for alternatives.
