Lloyd’s drives further expansion in AsiaPac with new appointment

Lloyd’s drives further expansion in AsiaPac with new appointment | Insurance Business

Lloyd’s drives further expansion in AsiaPac with new appointment
Specialist insurance market Lloyd’s has announced the appointment of Angela Kelly to the role of country manager, Singapore, in support of its expansion ambitions in Asia Pacific. Kelly will commence her new role on 14 November, and will be based at Lloyd’s regional offices in CapitaGreen, Singapore.

Kent Chaplin, CEO of Lloyd’s Asia Pacific, welcomed Kelly’s appointment saying, “I am delighted to welcome Angela to Lloyd’s. She brings over 25 years of experience in the reinsurance and insurance industry in numerous leadership and technical roles, and her ability to lead high performing and collaborative teams will be an asset to the Lloyd’s market.”

Lloyd’s said the role supported its Vision 2025 growth priorities in the Asia Pacific, and would lead and coordinate activities of the strong market development and regulatory and compliance teams who support and oversee the Lloyd’s marketplace in Singapore.

“Singapore is an incredibly successful underwriting marketplace for Lloyd’s with over 200 underwriters representing 23 syndicates. Premium income has tripled since 2009 to reach US$680m in 2015 and Lloyd’s is the largest provider of offshore reinsurance in the Singapore market today,” Chaplin said.

“We will be looking to Angela to build on the success of the marketplace which currently offers specialist insurance and reinsurance services with local underwriting expertise and authority in 47 classes of business with property, marine, energy, cargo, and terrorism being the market’s largest lines.”

A senior insurance professional with over 20 years’ insurance experience in broking and underwriting roles, Kelly was CEO at Swiss Re International SE Singapore Branch and head of casualty for Swiss Re Corporate Solutions, Asia Pacific prior to joining Lloyd’s.

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