HONOLULU – As of October 1, Todd Takayama, chief underwriting officer at First Insurance Company of Hawaii’s (FICOH), has been promoted to president. Mark Yoda, who has been serving as the company’s chief executive since September 2021, will continue to serve as FICOH chairman and CEO.
“Since I came on board last year, my focus has been on positioning FICOH for the future,” said Yoda. “Todd’s promotion represents the next phase in our succession plan and recognizes his leadership, analytical skills and passion for FICOH and our social mission.”
Takayama joined FICOH’s underwriting division in 2010 as an underwriting manager and has held roles of increasing responsibilities through the years. His most recent position was senior vice president and chief underwriting officer. Now, as president and chief underwriting officer, his areas of oversight include underwriting, claims, legal, marketing, and finance.
Born and raised in Honolulu, Takayama earned a bachelor’s degree in finance from the University of Hawai‘i Shidler College of Business. He holds the Chartered Property & Casualty designation.
About First Insurance Company of Hawaii
Founded in 1911, and celebrating its 111th anniversary this year, First Insurance Company of Hawaii, Ltd. is the oldest and largest property and casualty insurer domiciled in Hawaii, with assets of $677 million, liabilities of $423.7 million, and policyholders’ surplus of $253.3 million as of December 31, 2021.
First Insurance, a member of the Tokio Marine North America (TMNA) group of companies, enjoys an “A+” rating from A.M. Best Co. Proud of its broadly experienced, service-oriented staff, First Insurance employs more than 250 insurance professionals and distributes its products through 26 independent general agencies. First Insurance was awarded the American Heart Association’s Workplace Health Gold Achievement for 2020. In 2021, First Insurance was named Hawaii’s number one Best Places to Work in the "large company" category by Hawaii Business magazine.
First Insurance supports many local organizations through monetary donations made at the corporate level, by its associates and the First Insurance Foundation. Its charitable giving focuses on four areas: 1) family, social services and health care; 2) education and career development; 3) environment and sustainability; and 4) civic, culture and the arts.