Date: 07/08/2017

Markel Appoints Contract Frustration and Political Risk Underwriter in Singapore

Markel International, London, August 7, 2017 --- Markel International, the specialist insurer, has appointed Alex Holcroft as political risk underwriter in Singapore. He joins the existing trade credit and political risk team serving the Asia Pacific region and will report to Nicola Marriage, senior underwriter in London.

Alex will focus on expanding Markel’s political risk and structured trade credit business, leveraging on opportunities arising from a diversified broker and client base and providing regional capabilities that will broaden Markel’s political risk offering.

Previously a Lloyd’s graduate trainee, Alex joins from Sompo Canopius where he was an underwriter in the political risk and structured trade credit team. Holcroft’s previous experience in the London Market and established client and broker relationships will serve him well in his new role.

He joins a team of four in Singapore led by Abhishek Chhajer, senior underwriter, who established Markel’s trade credit business in the Asia Pacific region in 2011. Other team members are Bennett Wong, underwriter, appointed in 2015 and recent hire, Dillon Matthews supported by Lynn Koh, underwriting assistant.

The Markel trade credit team in Singapore writes business throughout Asia and currently offers comprehensive non-payment coverage written on both an excess of loss and specific buyer basis, with the emphasis on delivering specialist products and bespoke trade finance insurance solutions.

The appointment follows the addition of surety capabilities to Markel’s global trade credit and political risk business and the on-going investment in its activities in London, New York and Dubai.

Ewa Rose, managing director of Markel’s trade credit, political risk and surety business, said: “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.”

 

ENDS

For more information:

Michael Henman, Director of Communications + 44 (0)20 7953 6000
michael.henman@markelintl.com

Josephine Dencker, PR & Marketing Executive + 44 (0)20 7953 6000
josephine.dencker@markelintl.com

 

About Markel International:
Markel International Limited is a subsidiary of Markel Corporation, a US-based holding company trading on the New York Stock Exchange (MKL). Markel International writes insurance and reinsurance business through six divisions and through offices across the UK, Europe, Canada, Latin America and Asia Pacific. Markel International’s insuring entities include Syndicate 3000, Markel Resseguradora do Brasil S.A. and Markel International Insurance Company Limited. Markel International also manages the business of Abbey Protection Group which provides legal and professional fees insurance cover as well as legal, tax and human resources consultancy services. For more information please visit us at www.markelinternational.com