RKH Specialty, part of the Hyperion Insurance Group, has named Stuart Beatty as the regional Chief Executive Officer (CEO) for Asia Pacific, based in Singapore.
Beatty brings more than 30 years of insurance and reinsurance experience to the newly created role, and will have a focus on developing the company’s specialty capabilities in the region.
He has worked in Singapore for ten years with brokers Aon Benfield and JLT, managing placements as well as servicing teams for the firms clients in the region. most recently he was Asia Pacific CEO at JLT Re.
RKH Specialty CEO, Barnaby Rugge-Price, commented: “Local and regional markets continue to mature across the globe and clients are increasingly choosing to buy in those markets. We intend to provide clients with the widest and clearest picture of global markets, helping them to identify their best underwriting partners, wherever they may be.
“With Stuart’s skills and experience we aim to build on the success of RKH and FP Marine in the region. His expertise will help us capitalise on opportunities throughout the Asia-Pacific region, focusing our initial efforts on working with colleagues to deliver products and services that are most in demand.”
Currently, the company’s business in Asia Pacific focuses on property, power, energy, construction, and also financial risks’ expertise in Singapore and FP Marine, its specialist marine broker domiciled in Hong Kong.
Beatty, commented on his new role: “RKH Specialty is already a known and respected quantity in London and increasingly in Asia Pacific. Over the last five years, the region has seen a significant increase in specialty lines capacity, authority and talent and this provides an excellent platform on which to build market-leading capabilities for RKH Specialty. My role will be to help demonstrate and deliver our expertise across a full range of specialties to a wider client base.”
