Mike Schell to Retire from Tokio Marine HCC in 2025
Tokio Marine HCC, based in Texas, has announced the retirement of its President, Mike Schell, effective March 31st, 2025. This decision marks the end of Schell’s extensive career, spanning over five decades in the insurance sector, including significant roles at St. Paul Companies and Insurance Company of North America.
Barry Cook to Take on New Deputy CEO Role
In light of Schell’s upcoming departure, Barry Cook, currently serving as the Chief Executive Officer (CEO) of Tokio Marine HCC International, will assume the newly created position of Deputy CEO starting April 1st, 2025. This move is expected to ensure a smooth transition and continued leadership excellence.
Reflecting on a Distinguished Career
Susan Rivera, CEO of Tokio Marine HCC, expressed her gratitude, stating, “Mike’s contribution to our leadership team, our culture, and our business has been immense. Over the past 23 years, he has been pivotal in guiding Tokio Marine HCC through various market cycles and challenges, playing a key role in our growth and success.”
Schell himself remarked, “I am proud of what we have achieved at Tokio Marine HCC. The company has evolved significantly from the entity I joined, thanks to its expanded product offerings and global reach. It has been a privilege to be part of its countless successes.”
Acknowledging a Legacy of Excellence
Barry Cook commented, “Mike is a stalwart in the market, and his dedication and commitment have set standards that few can match. His exceptional contributions to Tokio Marine HCC and the broader industry are truly commendable.”
