Tokio Marine Kiln has announced the appointment of Matthew Shaw as its new chief underwriting officer (CUO), subject to regulatory approval.
Shaw joins TMK from (re)insurer Chubb, where he most recently served as divisional president of global markets. He joined ACE (now Chubb) in 2002 having begun his insurance career as a Lloyd’s underwriter in the 1980’s.
Brad Irick, TMK chief executive officer, said: “I’m thrilled to welcome Matthew to the Tokio Marine Kiln family. He brings a wealth of experience in the specialist markets in which we operate within Lloyd’s and the broader London market. As insurers and reinsurers, our role in supporting people, businesses and economies as they come back online has never been more important. Following a strong year for TMK, our underwriting teams are energised by a refreshed strategy and new opportunities to further our purpose, support our clients and develop their businesses under Matthew’s leadership.”
Shaw added: “I’m hugely excited to be joining TMK, an organisation with a long history as a great underwriting company and one at the forefront of innovation in the Lloyd’s market. This is a transformational time for TMK and for the London market, and this role offers a great opportunity to be part of its continued development and success.”