Tokio Marine HCC has established a new subsidiary in Mexico to provide surety bonds to Mexican-domiciled organisations.

Known as Tokio Marine HCC Mexico Compania Afianzadora, the new entity will also enable Tokio Marine HCC – Surety Group to generate business for customers in the US, Japan, Europe and other countries with surety needs in Mexico.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Francisco “Pako” Barajas Aguilera has been appointed as CEO to spearhead the Mexican subsidiary. He has more than 30 years of surety experience in the Mexican market.

Before joining Tokio Marine HCC, Barajas supervised the surety operations of Chubb de Mexico, Compania Afianzadora, S.A. de C.V.

He will be assisted by COO Carlos Mireles, chief underwriting officer Rocio Sosa, chief claims officer Carlos Huacuja, and operations manager Irma Raya.

Barajas will report to Adam Pessin, CEO of Tokio Marine HCC – Surety Group.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Barajas said: “Tokio Marine HCC’s financial strength and international surety expertise provides us with an excellent platform to grow a best-in-class Mexican surety business.”

Pessin added: “We are excited to form TMHCC Mexico and delighted to have such an experienced and capable team led by Pako.  This expansion into Mexico will broaden our surety footprint and complement our already strong worldwide surety portfolio.”

Tokio Marine HCC has headquarters in Texas. It has offices in the US, the UK and Continental Europe.

Tokio Marine HCC is a member of the Tokio Marine Group, a global company founded in 1879 with a market capitalisation of $34bn as of 31 December 2018.