TMK chief executive officer Charles Franks said: “This is a first-class appointment and I know Matthew will be a great addition to our executive team as we embark on the next stage of the TMK journey.”
TMK’s deputy CEO Brad Irick added: “I’m thrilled to welcome Matthew to the Tokio Marine Kiln family. He brings a wealth of experience in the specialist markets in which we operate within Lloyd’s and the broader London market. Our underwriting teams are energised by a refreshed strategy, an improving market and new opportunities to profitably grow their businesses under Matthew’s leadership.”
Shaw said: “I’m hugely excited to be joining TMK, an organisation with a long history as a great underwriting company and one at the forefront of innovation in the Lloyd’s market. This is a transformational time for TMK and for the London market, and this role offers a great opportunity to be part of the growth and continued success of this great franchise.”
Shaw joined Ace (latterly Chubb) in 2002 having begun his insurance career as a Lloyd’s underwriter in the 1980s.
The appointment remains subject to regulatory approval.
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