TMK further bolsters Singapore marine business

 

Tokio Marine Kiln (TMK) has announced the appointment of Stephanie Hong as marine underwriter in APAC. She takes up her new role in Singapore with immediate effect.

Hong is a marine insurance specialist and brings more than two decades of marine experience in APAC to her new role. She joins from Great American, where she held the role of senior manager for marine cargo. Prior to this, Hong held roles at Starr Insurance, Chubb and Federal Insurance Company, part of The Chubb Corporation.

TMK’s Singapore-based APAC marine team has a wide geographical focus, stretching from Australia to the Middle East. In her new role, Hong will primarily be focused on deepening TMK’s presence in target markets across Asia, said the insurer.

This appointment is the latest in a series of new hires for TMK in Singapore. It follows the announcement of Yixiang Yang joining as head of accident and health, APAC, in June. TMK said that the fresh hires will help maintain its “growth momentum” in the region.

Pavlos Spyropoulos, regional managing director for Asia Pacific, said: “With the size of TMK’s marine portfolio doubling last year, Stephanie’s appointment comes at an exciting time for the business. With a strong track record of delivery and over 20 years of experience, her knowledge is unparalleled. Combined with our reputation for being market-leaders in the class, the marine team is well placed to seize the significant growth opportunities in the APAC market.”

Hong added: “TMK has seen a significant period of sustained growth in marine and has an unrivalled reputation of excellence in the market, so the opportunity to join the team and help grow the offering even more was just too difficult to turn down. It’s a really exciting time to be joining the team and the ambition of the business is impressive. I’m looking forward to bringing my expertise to expand TMK’s already market-leading offering.”