Markel expands Chinese operations with key appointments

Director lauds the expertise of new hires

Markel expands Chinese operations with key appointments

Insurance News

By Jonalyn Cueto

Markel, the insurance arm of Markel Group Inc., has announced three key hires to strengthen its marine, PFR, and cyber teams in China.

Martin He has been appointed as marine underwriter, bringing nearly 15 years of experience from Howden’s specialty logistics division. He has expertise in various facets of marine insurance, including cargo, project cargo, stock-throughput, cargo war, hull war, species and fine arts, marine liability, political violence, and multinational accounts. According to a news release, He will work closely with the marine underwriting team to drive profitable growth and strengthen relationships with clients and brokers.

Joining He is George Ke, who has been named PFR and cyber underwriter. Ke transitions from Yuanbao Technology, where he was cyber insurance product director, advising Chinese insurers on cyber risk assessment and pricing. Prior to Yuanbao Technology, Ke spent six years at Chubb Insurance, focusing on financial lines such as cyber, D&O, FI, and PI.

Additionally, Lei Wang has been appointed as manager of model analytics and reporting. Wang comes from AIG Japan, where she was head of ERM analytics. Since joining AIG in 2012, she has held senior capital modelling roles at AIG Shanghai Analytics Centre and AIG Europe. Wang will report to Christopher Bailey, global head of capital at Markel, based in London.

He and Ke will report to Qianhai Hu, underwriting director at Markel, China. Hu expressed enthusiasm for the new additions, stating, “I’m thrilled to welcome Martin He and George Ke to the Markel family. He’s deep understanding of the marine insurance sector makes him a valuable addition to our team, particularly as China’s maritime industry continues to rapidly expand and evolve. Ke’s insight on the China market will enhance our PFR and cyber underwriting services in emerging risk areas. With them on board, we’re confident in our ability to better meet the evolving needs of our clients in China and further strengthen our position in that market.”

Regarding Wang’s appointment, Bailey noted, “Wang’s role will focus on enhancing Markel’s analytical capabilities and reporting processes, supporting the company’s strategic decision-making and risk management efforts in Lloyd’s and Markel globally.”

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