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Tokio Marine HCC said Susan Rivera, executive vice president and chief operating officer, has been appointed its next CEO as of Sept. 1.
Ms. Rivera is replacing Christopher J.B. Williams, the current CEO, who will become managing executive officer and co-head of international business for Tokio Marine Holdings Inc., Tokio Marine HCC said Thursday in a statement.
Ms. Rivera became Tokio Marine HCC’s executive vice president and COO on April 1. From 2014 to 2015, she was an independent director on the company’s board of directors and served on its audit, compensation and enterprise risk oversight committees.
Ms. Rivera was a founding shareholder of V3 Insurance Partners L.L.C., a Newtown, Pennsylvania-based specialty program administrator, and president and CEO from 2009 to earlier this year.
From 2014 to 2015, she was an independent member of Tokio Marine HCC’s board and served on the audit, compensation and enterprise risk oversight committees.
From 2007 to 2009, Ms. Rivera was president of QBE Specialty and chief actuary of QBE North America, a unit of Sydney-based QBE Insurance Group Ltd.
Ms. Rivera resigned from Ace Ltd., where she was president of Ace INA Holdings Inc., in 2005 and was named president of Praetorian Financial Group, the U.S. specialty unit of Hannover Re S.E., in 2006. She joined Ace Ltd. In 2002 after spending 15 years at American International Group Inc.
Tokio Marine HCC said Monday that longtime insurance industry executive Susan Rivera has joined the Houston-based specialty insurer as executive vice president and chief operating officer.