10 April 2018Insurance

RKH Specialty appoints former Aon exec to lead expansion in Asia Pacific

RKH Specialty, part of the Hyperion Insurance Group, has appointed Stuart Beatty as the regional CEO for Asia Pacific, a new role focused on building on the firm’s specialty capabilities in the region.

Beatty has over 30 years of re/insurance experience and has worked in Singapore for 10 years at Aon Benfield and JLT managing placement and servicing teams for its clients in the region.

RKH Specialty’s business in the region is currently focused around its property, power, energy, construction and financial risks’ expertise in Singapore and FP Marine, its marine specialist broker, based in Hong Kong.

Commenting on the appointment, Barnaby Rugge-Price, CEO of RKH Specialty said: “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.”

Beatty added: “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.”

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