Tokio Marine HCC Creates New Executive Role to Drive Growth in North America P&C Business
Tokio Marine HCC (TMHCC) has appointed Elizabeth Geary as president and CEO of its newly established North America property and casualty (P&C) division. Based in New York, Geary will assume the role on June 30, reporting directly to TMHCC CEO Susan Rivera.
Geary will oversee the company’s North American P&C business units, focusing on strategic and operational growth across these segments. This appointment is part of TMHCC’s ongoing leadership development and expansion of its executive structure. The move signals the company’s commitment to enhancing its offerings in a rapidly changing risk environment.
Prior to joining TMHCC, Geary served as president of insurance solutions at Liberty Mutual, where she built a new business addressing emerging broker and client risks in areas such as cyber, energy transition, and alternative risk solutions. Her background includes a long tenure at TransRe, where she held various underwriting roles, advancing to global head of cyber and chief underwriting officer for North America.
“As TMHCC continues to expand and evolve, driven by our commitment to enhancing our offerings to reflect the needs of insureds in a rapidly changing risk environment, we will need to attract leading talent who share our specialized focus and approach,” Rivera said, commenting on Geary’s appointment.
The appointment comes as TMHCC continues to grow its footprint in the US market. In February, the company launched a healthcare professional liability unit, expanding its domestic capabilities under the leadership of a former Berkshire Hathaway executive. As of year-end 2024, TMHCC reported gross written premiums totaling approximately $7.9 billion, with a workforce of around 4,400 employees. The company’s North American business has significantly contributed to its financial scale, driving both underwriting performance and expansion across key specialty lines.