Tokio Marine Kiln (TMK)’s head of accident and health (A&H) Tim Prifti has resigned as the carrier undergoes a restructure of the department.
In a statement, TMK said that it is in the process of “reshaping” its A&H division so that“ it aligns more effectively with the longer-term strategic direction” that the company wants to take in this area.
As a result, Prifti has exited the business after what TMK called “a long and successful career with the company”. He has been with the carrier since 1990, according to his LinkedIn profile.
TMK said that Prifti will be replaced by Holly Strettle on an interim basis, who has been with carrier since 2003 and currently serves as a commercial property, US motor and contingency underwriter. She is also chair of TMK’s conduct risk team.
A“[Strettle] is a well-known figure in the market and will bring stability and continuity to the team and will work to refocus the portfolio in its new direction,” the company said.
“TMK remains fully committed to its A&H business and looks forward to its ongoing growth and development,” the carrier concluded.