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Tokio Marine HCC taps Axis for marine liability head

November 21, 2018

Tokio Marine HCC has named Darren Carr as head of marine liability for its London Market division.

Carr joins Tokio Marine HCC from Axis, where he most recently served as head of marine and managed various underwriting teams, including marine liability, hull, cargo and specie, reinsurance and renewable energy.

He joined Axis (then Novae) in 2013 from Mitsui Sumitomo where he successfully established marine liability as a new class of business. Prior to that, he spent nearly five years with Hiscox as the deputy class underwriter developing broad experience across the marine liability market. He began his career as a broker within Aon’s marine division.

Tokio Marine HCC said that Carr’s appointment would support its growth strategy in the marine (re)insurance market as it develops its product offering, which includes marine trades, marine property, protection and indemnity (P&I) reinsurance, and marine and energy liability.

In his new role, Carr will report to Simon Button, chief underwriting officer for Tokio Marine HCC's London Market division.

Carr 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, CEO of Tokio Marine HCC’s 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.”