Texas-domiciled, Tokio Marine HCC, has announced Mike Schell’s decision to retire as President of the company on March 31st, 2025.
Following this announcement, Barry Cook, Chief Executive Officer (CEO) of Tokio Marine HCC International, will additionally assume the newly created position of Deputy CEO, effective April 1st, 2025.
Schell joined Tokio Marine HCC in 2002 and now retires after over five decades of service in the insurance industry, including 25 years at St. Paul Companies and five years at Insurance Company of North America.
Susan Rivera, CEO, Tokio Marine HCC, commented, “Mike’s contribution to our leadership team, to our culture, to our business and to our industry has been 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.
“His experience, insights and expertise have been invaluable assets to me, my colleagues on the leadership team and throughout Tokio Marine HCC. We will miss him and his counsel dearly. 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.”
Schell added, “I am proud of what we have achieved at Tokio Marine HCC over the past 23 years. The business is unrecognizable from the company I joined due to its expanded product offering and global reach.
“It has been a privilege to be a part of its countless successes, to work with such talented and resolute people, and to be part of the journey.”
Cook stated, “Mike is a market stalwart who has made an exceptional contribution to Tokio Marine HCC and to our industry. His dedication and commitment throughout an incredible career have set a standard which few will match.”
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