Markel names new political risk underwriter in Singapore

New hire brings experience from Lloyd’s and established client and broker relationships

Markel names new political risk underwriter in Singapore

Insurance News

By Gabriel Olano

Markel International has appointed Alex Holcroft as political risk underwriter, based at its Singapore office. He will join the existing Asia-Pacific trade credit and political risk team and will report to Nicola Marriage, senior underwriter in London.

Holcroft will focus on expanding Markel’s political risk and structured trade credit businesses, drawing on opportunities brought by a diverse client and broker base to provide additional capabilities to expand the insurer’s trade credit offering.

A former graduate trainee at Lloyd’s, Holcroft joins Markel from Sompo Canopius where he worked as an underwriter in the political risk and structured trade credit team. He brings to his new role his previous experience in the London market and established client and broker relationships.

The trade credit team in Singapore, led by Abhishek Chhajer, senior underwriter, writes business throughout the Asian region, providing specialist products and bespoke trade finance insurance solutions.

Ewa Rose, managing director of Markel’s trade credit, political risk and surety business, commented: “Alex’s appointment reflects the continuing investment across our product portfolio. The Asia Pacific region remains rich in opportunities both for our trade credit and political risk business and for Markel’s broader range of products.”


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