Tokio Marine Kiln (TMK), a member of global insurer Tokio Marine announced the appointment of Matthew Shaw as chief underwriting officer (CUO), effective in the first half of next year subject to regulatory approval.

Shaw joins the company from Chubb where he served as divisional president for Global Markets.

TMK chief executive officer, Charles Franks said: “This is a first-class appointment and I know Matthew will be a great addition to our executive team as we embark on the next stage of the TMK journey.”  

TMK’s deputy CEO Brad Irick added: “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. Our underwriting teams are energised by a refreshed strategy, an improving market and new opportunities to profitably grow their businesses under Matthew’s leadership.”

Shaw said: “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 the growth and continued success of this great franchise.”