Tokio Marine Kiln (TMK) has announced the appointment of Alexandra (Alex) Barnes to its Marine & Energy team. According to a press release, Barnes will focus on global energy risks and renewables, assuming her role in the autumn.
Barnes brings 26 years of insurance industry experience, over two decades of which have been dedicated to energy underwriting at Beazley. She has a strong background in underwriting portfolio development, client service, and business development. Barnes currently serves as deputy chair of the joint natural resources committee at the London Market Association.
TMK notes its energy portfolio focuses on upstream and energy-transition risks, supported by sustainable underwriting principles.
“Alex is well known and hugely respected within the energy insurance sector, and we are delighted to be bringing in an underwriter whose depth of expertise, experience, and client focus complement and further strengthen the existing capabilities of our Energy team,” said Richard Hooks, departmental head of Marine & Energy at Tokio Marine Kiln.
“Alex will support our focus on continued profitable growth through strategic and opportunistic initiatives within the energy sector, underpinned by strong relationships and technical insight. We look forward to working with her,” Hooks added.
In March, Tokio Marine expressed interest in strategic acquisitions to extend its reach in the insurance landscape. Chris Williams, who co-leads Tokio Marine’s international operations, highlighted North America, Asia, Europe, Canada, and Australia as key markets for potential acquisitions.
Despite changes in Japan’s economic policies, the company remains focused on strategic expansion. Past acquisitions include the purchase of US insurer HCC in 2015 for $7.5 billion and the acquisition of Pure Group in 2020 for $3.1 billion.
In April, Tokio Marine Kiln appointed Matthew Shaw as CEO, with Brad Irick transitioning to co-head of international business for Tokio Marine Holdings.
The leadership changes and strategic appointments underscore Tokio Marine Kiln’s commitment to innovation and growth in the global insurance landscape.
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