Jewellery, fine art & specie underwriter for Asia Pacific joins Beazley at Lloyd’s China

Specialist insurer Beazley has nominated April Yang to join Beazley Underwriting Division at Lloyd’s China to underwrite risks associated with jewellery, fine art and specie (JFAS), covering across Asia Pacific region. This nomination follows the launch of Beazley’s new strategy to increase its footprint and local underwriting presence in Asia Pacific.

Yang joins Beazley Underwriting Division at Lloyd’s China, which underwrites a diverse portfolio of reinsurance – including property risk, personal accident excess of loss, marine, political risk and contingency, and property amongst other specialty lines.

Prior to joining Lloyd’s China, she was the director of underwriting department at Shanghai Branch of China Zenith Insurance Brokers, where she spearheaded the authorisation of China Zenith as a new coverholder at Lloyd’s, while building up a profitable fine arts and specie book. Preceding that, she was dedicated to underwriting, new product development and market initiatives for fine arts and specie and other specialty lines in Catlin Underwriting Division at Lloyd’s China for almost nine years.

Lucien Mounier, Beazley’s head of Asia Pacific, said: “We are thrilled to expand our underwriting presence in line with the continued growth of the Chinese insurance market. With April on board we are more strongly positioned to work with brokers to meet the growing demand of their clients for specialist cover.”
Simon Aitchison, head of jewellery, fine art & specie at Beazley, said: “April’s decade-long experience in the China insurance market strongly supports our ambitions to grow our underwriting capabilities in this region. I look forward to working with April as we deliver tailored services and specialist products supported by the expertise of our global team.”