Markel strengthens its financial institutions presence in Asia with the appointment of April Tam as Senior Underwriter, PFR & Cyber. Tam brings over 12 years of experience in financial lines underwriting and will be instrumental in driving Markel's growth in the region.
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| Markel bolsters its leadership position in the PFR sector with the strategic hire of April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions in Asia. |
Singapore - September 19, 2024:
Markel, a global leader in specialty insurance, has significantly enhanced its financial institutions capabilities in Asia with the appointment of April Tam as Senior Underwriter, Professional Financial Risk (PFR) & Cyber and Head of Financial Institutions in Asia. This strategic move positions Markel to further expand its market share and provide comprehensive risk management solutions to clients in the region.
Tam, with over 12 years of experience in financial lines underwriting, brings a wealth of expertise and industry knowledge to Markel. Prior to joining the company, she held prominent roles at Allianz Commercial and Zurich Insurance Group, where she gained invaluable insights into the intricacies of financial institutions risk management.
In her new role, Tam will be instrumental in driving the growth and development of Markel's PFR book in Asia. She will work closely with the regional underwriting team to ensure the profitability and scalability of the company's financial institutions offerings. Additionally, Tam will play a pivotal role in building and maintaining strong relationships with insurance brokers, clients, and partners in the region.
Based in Hong Kong, Tam will report to Kevin Leung, Chief Underwriting Officer, Asia Pacific. Leung expressed his enthusiasm for Tam's appointment, emphasizing her deep understanding of financial lines underwriting and her ability to contribute significantly to Markel's strategic objectives.
This strategic hire aligns with Markel's commitment to providing innovative and comprehensive risk management solutions to clients in Asia. With Tam's expertise and leadership, Markel is well-positioned to capitalize on growth opportunities in the financial institutions market and further solidify its position as a leading specialty insurer in the region.