Tokio Marine HCC announced Mike Schell, president of the company, will retire at the end of March. Schell joined the company in 2002.
Additionally, Barry Cook, CEO of Tokio Marine HCC International will assume a newly created role as deputy CEO, April 1.
The insurtech enables brokers, insurers and reinsurers to optimize risk workflows by digitizing risk intake.
Roles in technology, underwriting and claims are insurance's greatest need in 2025.
Tokio Marine HCC announced Mike Schell, president of the company, will retire at the end of March.
By prioritizing strategic technology investments, MGAs can ensure long-term success and continued growth in an ever-evolving market.
The report, based on home insurance price and availability data collected by the association of state regulators from private insurers last year, confirms rising costs and non-renewals, and the impact of climate change on these increases. The U.S. Treasury's insurance office stopped short of publicly releasing the data used for the report.
Research reveals three key areas where an empathy-first approach from carriers can mitigate stress and improve the overall policyholder experience.
