Leadership Team

Matthew Shaw is Chief Executive Officer (CEO) of Tokio Marine Kiln (TMK).

Matthew joined TMK as Chief Underwriting Officer in May 2020, and was the architect of a transformational underwriting strategy that has seen TMK’s performance continue to strengthen. He is passionate about future-proofing the business, with a keen focus on building the company’s value-centric culture. 

Matthew has four decades of experience in the insurance industry, having started his career at Lloyd’s in 1982, working in Aviation and Non Marine lines, underwriting both direct and reinsurance business. He became Deputy Underwriter for Syndicate 340 in 1993 and Active Underwriter in 2000. Matthew then joined ACE (which later joined with Chubb) in October 2002 to manage the company’s European reinsurance business. Prior to this he was with Chubb where, in his most recent role, he was divisional president of global markets.

Matthew has also served as a member the Lloyd’s Aviation Underwriters Association and ABI committees, and on the board of Tokio Marine Canada. He was also a board director of Gravett and Tilling syndicate management and, from 1987, was a director of St Paul at Lloyd’s. He is currently on the board of the Lloyd's Market Association.

Reeken Patel is Chief Financial Officer (CFO) and Deputy Chief Executive Officer (DCEO) of Tokio Marine Kiln (TMK). He joined TMK in 2018 as Chief Financial Officer and is responsible for leadership of the Finance, Actuarial & Analytics, Third-party Capital and Investment teams. 

Reeken has designed and delivered innovative capital structures at TMK that have freed up significant resources and had oversight for an analytics strategy that supported the optimisation of our underwriting portfolio and reinsurance purchasing. He  is the Executive Sponsor of TMK’s Gender Network.

He joined the company from Novae Group plc where, as Chief Financial Officer, he was responsible for the design and delivery of the financial, risk and capital strategy of the Group. During 2017 he led the sale process of Novae Group plc as well as executing a $1bn+ reinsurance to close transaction in the Lloyd’s market. Reeken was a member of both the Novae Group plc and Novae Syndicate Managing Agency Boards.

Reeken was previously a Partner in PricewaterhouseCooper’s (PwC) General Insurance Division where he worked for fourteen years. During his tenure he was PwC’s London Market Actuarial leader and specialised in the field of Risk & Capital and M&A services.

Reeken is a qualified actuary (2003), a former member of the Institute and Faculty of Actuaries General Insurance Board, and a member of the Lloyd’s Investment Committee.

Vivek Syal is Chief Underwriting Officer of Tokio Marine Kiln (TMK). Prior to this he was Group Chief Risk Officer at TMK, where he has been a member of TMK’s Board of Directors and holds various senior roles with Tokio Marine Group.

A proven leader with a wealth of market knowledge, strong relationships, and technical expertise, he has played an instrumental role in developing and leading TMK’s vision and strategic direction. Vivek’s forward-thinking approach, in-depth understanding of TMK’s global business and strong market relationships will bring a different perspective to the Chief Underwriting Officer role to enable TMK to fulfil its ambitions.

Prior to TMK, he has held various senior positions at ProSight, Bank of England and PwC, amongst others. He is an Associate of the Chartered Insurance Institute, Council member at ClimateWise and has been a chair/member of various industry committees.

Vivek graduated in Actuarial Science from Cass Business School.

Nick Hutton-Penman is Chief Operating Officer (COO) of Tokio Marine Kiln (TMK). He joined TMK in October 2019. An experienced Chief Operating Officer, he has a career background in operational transformation, system and process redesign within the insurance industry.

Nick joined TMK from TMHCC International in London where he fulfilled several roles in his 17-year career including Chief Operating Officer of the HCC International Group and Chief Executive Officer of HCC Underwriting Agency. He was a member of the TMHCC executive team that oversaw the transformation of the TMHCC International business, which included several significant business acquisitions and system and process redesign to accommodate the growth.

Prior to joining HCC, Nick was financial controller at the St Paul Reinsurance Company, where he led a significant finance transformation programme including process re-engineering and led a claims run-off, before being promoted to manage the underwriting of the European and Far East business based in Brussels, Belgium.

Andrew Torrance joined Tokio Marine Kiln as a Non-Executive Director in 2018. Before joining the TMK Board Andrew held several non-executive director roles, including serving on the Boards of Novae Group Plc, Allianz Partners SAS, Allianz Insurance Plc, Post Office Insurance and Pool Re.

In his executive career, Andrew was successively CEO of Allianz Insurance Plc (2003 – 2013) and Fireman’s Fireman’s Fund Insurance Company (2013 - 2015), respectively the principal Property & Casualty operating companies of Allianz SE in the UK and USA. Prior to joining the Allianz Group in 1999, Andrew was CEO of London & Edinburgh Insurance Group Limited which he joined in 1992.

The first part of Andrew’s career was with The Boston Consulting Group where he spent 16 years, the latter eight years as a partner serving clients in both the insurance and banking sectors.

Andrew holds an MA from the University of Cambridge with a specialisation in Theoretical Physics and an MSc with Distinction from the London Business School.

Elisabeth Ibeson is the Chief People Officer at Tokio Marine Kiln.

She joined in April 2020 bringing 30+ years’ experience in HR gained in UK and international roles delivering business transformation and performance in change environments and as a specialist in recruitment and development.

Most recently at Gallagher UK, Elisabeth led the HR function for 9 years, having developed the team and people practices to support rapid business growth through international and UK acquisitions. Prior to that, she worked as the HR Director on the establishment of Spire Healthcare as a newly formed private hospital group focussing on all elements of reward, development and engagement to deliver profitable culture change. Elisabeth started her career as a graduate trainee with what became Diageo plc, working in the US and UK and developing both HR generalist and specialist skills across multiple countries and cultures.

Elisabeth has a degree in European Business Administration, is a Fellow of the Chartered Institute of Personnel and Development (FCIPD) and is a certified NLP, Myers-Briggs and Firo-B Practitioner.

Anna McNamara is Chief Risk Officer of Tokio Marine Kiln (TMK). Prior to this Anna was Chief Administration Officer of TMK. Anna joined TMK from Lloyd’s in 2006 as Senior Syndicate Accountant, having previously trained as a chartered accountant at Deloitte, and has been promoted through the company into her current position.

During her career with us she has played a pivotal role in a number of large, complex programmes; acted as a driving force in the Conduct Risk Project; undertaken strategic business planning; was involved in the implementation of Solvency II and supported various group transactions including the merger of Kiln and TMEI.