Tokio Marine HCC International has announced the appointment of Des Burke as its new chief information officer (CIO), who will be under the direction of Thibaud Hervy, chief underwriting officer (CUO) – Specialty Lines division.
Burke joins Tokio Marine HCC from Lloyd’s, where he was global CIO and head of Change before becoming chief technology officer and helped to advance the Future at Lloyd’s initiative.
He brings more than 30 years of cross-sector experience in information technology (IT) to the role, following a career that has included roles at Morgan Stanley, BP and Prudential.
As CIO, Burke will “deliver a clearer view” of the group’s technology strategy and determine how IT will best support this growth. As the business matures and moves on to its next phase of growth, it “increasingly will be aligning the power of technology with its business needs”, and Burke’s appointment “reflects this intent”.
Burke said: “The ability to drive and implement technology change has always been exciting to me. The insurance industry is undergoing significant change and may be one of the few remaining sectors with potential for major transformation that can really impact the business end to end. Understanding the business agenda and then bringing technology to make it even better really drives me.
“I have always operated as the link between business and technology, and I look forward to driving practical change at Tokio Marine HCC, creating a platform that allows the business to continue performing at a high level and effectively supports each of our team members.”
Hervy added: “I am delighted to welcome Des to Tokio Marine HCC. He brings a diverse and impressive level of IT knowledge and expertise. Des’ experience of working his way across the IT ecosystem in different vertical sectors, including investment banking and oil & gas, has helped to shape his vision of how a modern IT strategy should support the business.
“His passion for the CIO role isn’t just about technology; it’s about using that technology to enable people in the business to be better at what they do. Des’ appointment is an important step in helping IT to support the business more effectively.”