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Tokio Marine Kiln (TMK) announces the appointment of Matthew Shaw as chief underwriting officer. Shaw will join in the first half of next year, having come from Chubb where he was most recently divisional president, 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.”
Shaw joined Ace (latterly Chubb) in 2002 having begun his insurance career as a Lloyd’s underwriter in the 1980s.
The appointment remains subject to regulatory approval.