By Michael Loney
March 5 - (The Insurer) - h Tokio Marine HCC has announced that Mike Schell will retire as president at the end of March, and Barry Cook will take on the newly created position of deputy CEO in addition to his role as CEO of Tokio Marine HCC International.
Schell joined Houston-based Tokio Marine HCC in 2002.
He retires after more than 50 years in the insurance industry, including 25 years at St Paul Companies and five years at Insurance Company of North America.
Susan Rivera, Tokio Marine HCC’s CEO, described Schell’s contribution to the Tokio Marine Group subsidiary as “immense”.
For 23 years, he has been a central figure at Tokio Marine HCC. He has guided us through market cycles, helped us overcome industry challenges and been a key player in the growth and success of our business,” she said.
Rivera added: “As we close out another record year, Mike can be proud of his contributions in making Tokio Marine HCC one of the best-performing specialty insurers.”
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