Aspen Insurance Holdings announced Monday the opening of a new office in Singapore through
Aspen’s Lloyd’s syndicate, with two appointments straight from
XL Catlin.
The office will be led by Yann Marmonier, who will take the role of principal officer and managing director. Previously, Marmonier was Singapore country manager at XL Catlin. He has also held senior roles with Catlin in Singapore, including branch chief executive officer.
Aspen has also appointed another XL Catlin alumnus, Paul Hackett, as head of marine for the Singapore office. He spent a significant amount of time at XL Catlin’s Singapore office and previously spent almos 20 years with RSA in underwriting and management positions.
Together, Marmonier and Hackett will lead Aspen’s Singapore office with the goals of leveraging the carrier’s existing strength in certain product lines in its target markets globally. Specifically, the Singapore operation will focus on onshore and offshore energy, marine hull, accident and health, terrorism, financial and corporate risks, professional indemnity, technology, data protection and cyber and credit and political risk insurance risks.
Ann Haugh, president of Aspen International Insurance and chief operating officer of Aspen Insurance, expressed pleasure and confidence in both the establishment of the office and Marmonier’s and Hackett’s leadership.
“In Singapore we will continue to deliver the highest standards of underwriting and customer service for which we are known, offering expertise to clients and brokers locally. We look forward to engaging with brokers and focusing on the opportunities created by our closer proximity to existing and new clients,” she said.
“Yann and Paul have proven experience and strong track-records in developing businesses in Singapore and I am delighted that they are joining Aspen Insurance at this exciting time.”
Aspen’s Singapore operation will open January 1, 2016, subject to regulatory approval.
