Tokio Marine HCC International (TMHCCI) has promoted Thibaud Hervy to CEO, having previously been chief underwriting officer (CUO) – specialty lines.
Simon Button, formerly CUO – London market, has been promoted to CUO of London-based TMHCCI.
The appointments take place with immediate effect subject to regulatory approval.
Hervy is replacing Barry Cook who in March was appointed as deputy CEO of TMHCC. Cook had been one of the London Market’s longest-serving CEOs, having spent more than 20 years leading TMHCCI.
Hervy joined the business in 1999 as an underwriter in HCC Global’s financial lines team, covering France and the Benelux region.
Following that, he was involved in the rollout of the company’s underwriting strategy around the world, with a number of senior roles, before being promoted to managing director of HCC Global in 2010 and then CUO – specialty lines of TMHCCI in 2014.
Button joined the company in 2000 and has held several leadership roles across TMHCCI’s property, marine and energy underwriting divisions.
In his new role Button will help to shape TMHCCI’s underwriting strategy as it continues to expand its offerings, the insurer said.
TMHCC’s CEO Susan Rivera said Hervy will spearhead its international growth and the expansion of its product suite.
Rivera added: “I am also delighted to announce Simon’s appointment as CUO of our international business.
“The risk landscape and the needs of our insureds are evolving.
“Key challenges such as the global transition to more sustainable practices also present significant business opportunities.
“Thibaud and Simon’s expertise will be core to the new offerings we are developing and to achieving new heights of excellence in service and innovation for our clients.”
Cook said “I am proud to pass the baton of leadership of TMHCCI to Thibaud and Simon.
“I have had the pleasure of working with them for decades, and their vision and expertise continue to impress. I am certain that TMHCCI will continue to go from strength to strength under their management.”