New head of power generation at Tokio Marine HCC International
Nicola Hannay has been appointed as head of power generation in the London-based energy practice of Tokio Marine HCC International (TMHCCI). The insurer said the appointment will see it further expand its energy offering – covering thermal power plants, hydroelectric, solar power, geothermal, alternative power generation and mixed technology portfolios.
Hannay joins from SCOR, where she served, most recently, as global head of power in SCOR’s business solutions division. She brings nearly three decades of experience to her new role and has built and led power portfolios at a series of businesses including AXA XL and AIG. She will report to Ben Kinder, chief underwriting officer – marine, energy and renewables.
Kinder said: “We are delighted to welcome Nicola to our team. She is a proven leader and a recognised expert in the power market. Her experience will strengthen our holistic offering in renewable and conventional energy. TMHCCI is dedicated to supporting energy businesses in their pursuit of sustainable solutions. Our pragmatic approach ensures that businesses at any stage of their sustainability journey can rely on us for expert underwriting.”
He added: “We have identified clear growth opportunities across the energy market. Appointing someone of Nicola’s calibre is an indication of the scale of our ambitions, and we expect to continue to bring in market-leading talent as we realise the growth opportunities available to us and further strengthen our lead position across the energy ecosystem.”
TMHCCI’s power portfolio comprises regulated and non-regulated producers, national and multinational power and utility companies, independent power producers as well as infrastructure investment and fund asset owners.