Tokio Marine HCC Specialty Group Introduces London-based Product Recall Team

Tokio Marine HCC Specialty Group Introduces London-based Product Recall Team
Tokio Marine HCC Specialty Group, a member of the Tokio Marine HCC group of companies, has initiated the establishment of a new Product Recall offering in London, alongside strategic appointments to its Crisis Management team.

Mark Hutton has been named the Head of Crisis Management, International, marking the inception of the newly created role. Prior to his appointment, Hutton served as the Global Product Head, Product Recall at AXA XL.

Bringing over 25 years of underwriting experience to the table, Hutton boasts a distinguished career trajectory, having held senior positions and cultivated a market-leading book during his tenure at XL Catlin, followed by a stint at McLarens Young International.

In his new capacity, Hutton will assume leadership of the International Crisis Management business, with a primary focus on expanding the Product Recall class. This expansion effort will concentrate on sectors such as food and beverage, and automotive, with an eye toward diversifying into other product areas.

The introduction of the Product Recall offering underscores Tokio Marine HCC Specialty Group’s dedication to furnishing comprehensive risk management solutions tailored to the specific needs of businesses operating across various industries.

Ian Davidson has also been named Senior Underwriter, Crisis Management, as part of the recent appointments. Davidson joins Tokio Marine HCC Specialty Group from AXA XL, where he served for two years as an underwriter for Product Recall in the APAC region at XL Catlin’s Sydney office. Additionally, he managed Kidnap & Ransom and Political Violence lines before relocating to London in 2015.

Philip Hall, Managing Director, Tokio Marine HCC – Specialty Group’s International Division, commented, saying: “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.”

Hall added, “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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