Property and specialty re/insurer IQUW has announced the expansion of its Political Risk team with the appointment of Cindy Jiang as Political Risk Underwriter to its Specialty Division.
Jiang joins IQUW from RBC Capital Markets, where she held the role of Equity Research Associate in the European Insurance Research team.
Before this, she was Class Underwriter in Political Risk and Trade Credit at Talbot Underwriting.
In the new role, Jiang will be based in London and will be responsible for growing IQUW’s Political Risk business, which is global in scope with a focus on Emerging Market risk.
The client base includes international banks, Public Agencies, traders and corporates and provides coverage for their transactions with Sovereign and majority state-owned counterparties and against acts of nationalisation and confiscation.
Jiang commented on the new role, “IQUW is bringing a different energy to the insurance market and I am delighted to have joined the business at such an exciting time.
“IQUW is an innovative business with a wealth of expertise that empowers underwriters to make a real impact.
“I look forward to working with the team to build on the success the business has had to date and growing IQUW’s Political Risk line.”
Chris Wilkinson, Head of Specialty at IQUW and to whom Jiang will report, added, “I am thrilled to have Cindy as part of the team as we grow the Political Risk book in 2023 and beyond.
“Her product line expertise supported by her fluency in English, Mandarin and French as well as her proactive attitude will enable IQUW to forge stronger client and broker relationships and deliver excellent service.
“As a team with no legacy portfolio, we are able to present an attractive offering to clients and brokers both in capacity constrained transactions but also with a fresh and unencumbered view of risk. Our entrepreneurial approach means we consider each transaction on its merits and, by combining underwriting expertise with automation and intelligent use of data, we can create innovative solutions to complex problems.”
