Global speciality re/insurer Canopius Group has announced the appointment of Megan Shao as head of claims for Asia-pacific, effective immediately.
Shao holds over 14 years of specialist claims experience along with extensive regional expertise. She previously worked for Zurich as head of claims, Hong Kong and head of financial lines & casualty claims, Asia. Before this, she worked at Chubb as claims manager for financial lines, Greater China.
Shao spoke about her new role, stating, “I am very much looking forward to joining Canopius and supporting the company in capitalising on the exciting opportunities in the region.”
“The way claims are managed is a vital component of any insurer’s business and it is paramount that our policyholders receive best-in-class claims service that is always fair, responsive and professional.”
“I look forward to working with both internal and external stakeholders to build on the excellent reputation Canopius has in the market.”
She will report to Mark Newman, CEO of Canopius, Asia-Pacific, and Gabrielle Folliard, chief claims officer, whom both commented on the appointment.
Newman said, “I am delighted to welcome Megan to the Asia Pacific team. Our regional success continues to be built on our ability to attract exceptionally talented people and empower them in their roles.”
“Megan will add significant experience and leadership to our team with her regional knowledge across multiple jurisdictions and a broad range of product classes. Paying claims is what our industry does, and I am confident Megan will further improve our overall service standards, strengthen our specialty expertise and be a key member of our regional leadership team.”
Folliard added, “Megan will be a key member of the Canopius claims leadership team, where she will be responsible for claims strategy, driving our claims vision and supporting the ambitious growth plans of the APAC team.”
“Megan’s wealth of experience and expertise will materially enhance our claims proposition in the APAC region.”
