Tokio Marine Kiln restructures management

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Tokio Marine Kiln (TMK) has revealed that after eleven years as chief executive officer, Charles Franks is assuming new responsibilities within the Tokio Marine Group (TMG).

Franks will be succeeded by Brad Irick as CEO of TMK from 1 January 2020. He will remain a member of the TMK board.

Insurance Age revealed last month that TMK had closed its office in Birmingham. This followed the firm’s decision to place its UK arm, Tokio Marine Kiln Insurance, into run-off.  

The insurer stated that

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