Markel Singapore poaches financial lines underwriter from DUAL Asia

Markel International, the specialist insurer, has appointed a specialist financial lines underwriter in Singapore to strengthen the company’s financial lines product offerings in Singapore and Southeast Asia.

Reporting to Simon Moi, head of professional and financial risks, Joe Wong will underwrite a range of financial lines products, including cyber, commercial D&O, professional indemnity, financial institutions, and financial technology.

Wong has significant experience in the insurance industry, including more than 10 years managing and developing financial lines underwriting in a number of Southeast Asian countries, including Cambodia, Indonesia, Malaysia, Philippines, Singapore, and Thailand.

Before joining Markel, he was an underwriting manager at DUAL Asia for cyber and Financial Lines. Prior to that, he was at Allied World Assurance and Chubb developing a professional liability division in Malaysia and Singapore, as well as other South Asia markets.

Christian Stobbs, managing director for Asia, said: “We are delighted to welcome Joe on board. Over the past few years, Markel has steadily strengthened our financial lines capabilities in Asia, bridging our local expertise with our London headquarters to provide our innovative underwriting solutions to clients in the region. Joe’s solid track record in underwriting financial lines and deep understanding of the South and Southeast Asia will enable us to further expand our presence in these markets.”

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