Reinsurance News

Markel expands Singapore team with new Trade Credit Underwriter

26th April 2018 - Author: Matt Sheehan

Specialist insurer and reinsurer Markel International has expanded its Singapore team with the appointment of Nicholas Davies as Trade Credit Underwriter and Senior Risk Analyst.

markelIn his new roles, Davies will be responsible for developing Markel’s portfolio across the Asia Pacific region, and for managing existing broker and client relationships.

He has over 20 years’ experience in the financial services sector, and most recently served as a Senior Underwriter at AIG Europe in London.

Davies will report to Abhishek Chhajer, Head of Markel’s Asia Pacific Trade Credit business, which offers comprehensive non-payment coverage on excess-of-loss and ground-up, multi-buyer and specific account basis in the region.

Ewa Rose, Managing Director of Markel’s Trade Credit, Political Risk and Surety business, said: “The new appointment reflects Markel’s continuing investment in our product lines on a global basis. Nick’s broad underwriting experience will be a huge asset to our team and we are delighted to have him on board.”

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Chhajer added: “We see significant opportunities for our products and Nick’s knowledge and contacts will help us with the continued development of our business across the Asia Pacific region.“

Davies started his career in banking and asset finance, before joining Atradius in 2006 as a Risk Underwriter and later serving Atradius Re as Senior Underwriter, Treaty Reinsurance for Asia, Middle East & Sub Sahara Africa, where he gained experience in the Asia Pacific region.

Last year, Markel expanded its Singapore operations with the appointment of Dillon Matthews as Trade Credit Underwriter in June 2017, and of Alex Holcroft as Political Risk Underwriter in August 2017.

More recently, Markel’s Singapore office benefited from the addition of Wanshi Lin as Assistant Marine Underwriter.

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