Markel Appoints Matthew Cannock Managing Director in Singapore
Markel International, Singapore and London, August 19, 2013 Markel International, the specialist insurer with a worldwide product portfolio, has appointed Matthew Cannock as Managing Director of Markel International in Singapore. The Monetary Authority of Singapore has approved his appointment as Managing Director and as Principal Officer.
Matthew will take up the position at the end of this month from Peter Phillips, who has led Markel’s operations in Asia Pacific since 2007.
Matthew joined Markel in 2012 as marine underwriter with responsibility for developing Markel’s regional marine capability, focusing on marine hull, cargo and liability business. In his new role he will manage Markel’s Asia Pacific business from its regional headquarters in Singapore and encompassing offices in Hong Kong and Malaysia.
William Stovin, President and Chief Operating Officer of Markel International, said today: “We are delighted that Matthew will be leading the next phase of our development in the important markets in Asia Pacific. He has a deep understanding of the markets in Asia as well as the global perspective necessary in this internationally important region. He is well known regionally, with a strong network of contacts which will be important to the continued growth of our business. Our thanks and best wishes go to Peter Phillips who has played such a vital role in establishing the foundations for our Asia Pacific business on which Matthew will now build.”
Before joining Markel, Matthew worked in the Lloyd’s market in Singapore since 2005 and prior to that he was the regional marine underwriting manager for RSA. He also has broking experience in the marine sector and has an MSc in Marine Engineering and a BSc in Marine Technology.
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