Marsh Risk Asia has made three senior appointments to its marine, cargo, and logistics practice in Singapore. The hires were confirmed by Michael Walls, managing director and marine, cargo, and logistics leader at Marsh Risk Asia, in a LinkedIn post.
Deborah Errappa joins as senior vice president and cargo leader. James Gargrave takes the role of Asia protection and indemnity (P&I) leader. Haroun Shadid has been named senior vice president and strategic client director for Singapore.
Errappa rejoins Marsh from WTW, where she served most recently as marine specialist leader. She has previously held senior roles at AIG and served as senior client executive for marine at Marsh South Africa.
Gargrave brings more than a decade of marine underwriting experience to the role. He joins from Latitude Brokers, where he held the position of P&I director. Prior roles include underwriting positions at The Shipowners' Club, RaetsMarine, and Charles Taylor.
Shadid was already within the Marsh network and had previously worked with the business in the UK. Walls said the three appointments reflected the team's focus on client advisory capacity in the region.
No effective dates were disclosed in the post.
The appointments come as brokers and underwriters continue to add marine and cargo specialists in Singapore. Rokstone launched the city-state's first dedicated marine managing general agency in June 2025. It targets US$50 million in gross written premium within five years.
The Monetary Authority of Singapore has reported that total insurance premiums in the city-state have grown at an average of more than 8% annually. The data points to broader momentum that has drawn international insurance firms to expand their specialist capabilities in Singapore.
The cargo market underpinning much of this activity remains on stable ground. Global cargo premiums reached US$22.64 billion in 2024, a 1.6% increase on the prior year, according to the International Union of Marine Insurance (IUMI). Loss ratios in cargo have improved for seven consecutive years, a run that has attracted fresh capital and the return of former market participants.
IUMI has also flagged headwinds facing the class. Tariffs and shifting trade patterns pose risks to cargo flows. Accumulations at ports and mis-declared goods remain structural concerns for underwriters active in the region.
