Reinsurance News

Beazley adds Jade Cummings to M&A underwriting team in Singapore

22nd November 2019 - Author: Matt Sheehan

Specialist insurer Beazley has announced the appointment of Jade Cummings as an underwriter in its global mergers and acquisitions (M&A) team, based in Singapore.

The global M&A team underwrites companies engaged in M&A activity, including acquisitive corporations, private equity funds, corporate spinoffs, asset sales or purchases, and refinancing transactions.

Cummings joins Beazley from McAfee, LLC, where she most recently served as a legal counsel.

She joined the firm as a secondee before becoming the lead legal counsel responsible for the Southeast Asia region.

Prior to this Cummings was a private practice lawyer in Auckland and trained and qualified at the law firm Russell McVeagh. She then worked at the law firm Anthony Harper before relocating to Singapore.

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“I’m delighted that Jade has joined our team in Singapore, adding expertise on the ground to better service the Asia Pacific region,” said Lucien Mounier, Beazley’s head of Asia Pacific.

“We are continuing to invest in underwriting talent to expand our footprint and achieve sustainable, long-term growth.”

Tim Allen, global head of the M&A team and underwriter, also commented: “We’re very pleased to welcome Jade who will significantly enhance our local offering in Asia Pac and help us grow in Singapore. She brings great experience from a leading tech company and having worked as a lawyer and M&A practitioner across the Southeast Asian and Australasian markets.

“Appetite for M&A insurance across Asia Pacific remains strong and we look forward to building our book further with Jade and future hires,” Allen continued.

“With Jade joining the team we can offer brokers and clients local underwriting capability supported by the expertise of our global M&A underwriting and claims specialists and continue the significant growth we have seen in recent years.”

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