Tokio Marine HCC Specialty launches product recall offering team

Tokio Marine HCC Specialty Group, a member of the Tokio Marine HCC group of companies, has launched a new Product Recall offering in London, with two senior appointments to its Crisis Management team.

Mark Hutton has been appointed to the newly created role of Head of Crisis Management, International, effective May 13th, 2024. Prior to this, Hutton served as the Global Product Head, Product Recall at AXA XL.

Hutton is a market veteran with over 25 years of underwriting experience, he has an impressive track record and reputation across the market, having held senior roles and developed a market-leading book at XL Catlin before his time at McLarens Young International.

In his new role, Hutton is responsible for leading the International Crisis Management business, with a focus on growing the Product Recall class, including food and beverage, and automotive, as well as expanding into other product areas.

Philip Hall, Managing Director, Tokio Marine HCC – Specialty Group’s International Division, commented, “We are thrilled to welcome Mark and Ian to TMHCC – Specialty Group. This new team represents a key extension of our market-leading U.S. product recall expertise, which will support our growth ambitions for this class in London.”

Subsequently, Ian Davidson has been appointed as a Senior Underwriter, Crisis Management. Like Hutton, Davidson also comes from AXA XL, having previously spent two years underwriting the APAC region for Product Recall for XL Catlin based in Sydney, as well as handling Kidnap & Ransom and Political Violence lines, before moving to London in 2015.

Hall concluded, “Mark is the ideal person to drive the expansion of our international Crisis Management business and I am certain this new team will complement our existing expertise and cement our status as a market leader in the class.

“These appointments are the latest example of our ability to attract market-leading talent, and we are increasingly well placed to realise our significant growth ambitions.”

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