Axa XL, Lockton, WTW, Tower: 10 APAC insurance people moves of the week
January 24 2025 by Andrew Mullen
InsuranceAsia News wraps up the people moves from the insurance industry in Asia this week.
1. Axa XL Asia set for leadership change
Axa XL will see a leadership change in Asia as regional chief executive Gilles Fromageot is set to join Axa International Markets as CEO for Morocco and CIMA, effective from February 24, InsuranceAsia News understands. In his new role, Fromageot will head Morocco and the CIMA region (the Inter-African Conference of Insurance Markets), which is a grouping of 14 francophone countries in sub-Saharan Africa.
Read the full story here.
2. Ex-Aon India leadership heads to Lockton
Global broker Lockton has appointed Anand Kaul as managing director for transactional lines in India, effective at the end of February, InsuranceAsia News understands. Meanwhile, Neelam Singh Koyande will join the broker as director transaction solutions. Kulvir Singh and Riddhi Pisal are also set to join the Mumbai-based team in early March.
Read the full story here.
3. WTW expands finex role in India
WTW has handed Tushar Gupta (pictured) an expanded role as head of financial and executive risks (finex) in India with immediate effect, in addition to his current position of head of financial institutions for South-East Asia and India for the corporate risk and broking (CRB) business.
Read the full story here.
4. Tower names new interim CEO
New Zealand insurer Tower has promoted CFO Paul Johnston to interim chief executive, effective from February 13, 2025. Johnston will succeed incumbent CEO Blair Turnbull, who will step down on February 12 following his resignation in November last year.
Read the full story here.
5. Aon marine claims advocacy, life and health reinsurance moves
Global broker Aon has named Mufei Lo as head of marine claims advocacy for Asia. Singapore-based Lo joins Aon with over 20 years of experience in international marine, transport, and cargo insurance across Europe and Asia.
Aon has also hired Renuka Nar and Neha Shah to launch its life and health reinsurance practice in India. Nar joins the firm as head of broking for the new practice, while Shah has been appointed as chief actuary for the new line.
Read the full story here and here.
6. AIG taps new head of marine for Taiwan
AIG has appointed Mark Chen (pictured) as head of marine for Taiwan, in addition to his current portfolio as head of client and broker engagement. Taipei-based Chen has been working at AIG since 2023, and he has over 20 years’ experience across Taiwan, Hong Kong and Singapore markets.
Read the full story here.
7. Price Forbes Singapore adds energy specialism
Specialty insurance broker Price Forbes Singapore has expanded into power, downstream and renewables with the appointment of Alex Davies as director of the new specialism. Davies will report to Philip Johnson, CEO of Asia Pacific, and will advise and service clients across power, downstream and renewables sectors.
Read the full story here.
8. Peeravut Sukho returns to MSIG Thailand
General carrier MSIG Thailand has appointed Peeravut Sukho (pictured) as senior vice president for business development. In his new role after returning to the carrier having left in January 2012, Bangkok-based Sukho will lead the business development team for broker and bancassurance partners, direct, affinity and digital distribution channels.
Read the full story here.
9. Crawford Australia expands large, complex claims offering
Global loss adjuster Crawford has appointed Simon Davies as an executive adjuster for large and complex claims for Australia. Newcastle-based Davies was an executive adjuster at rival McLarens prior to the move.
Read the full story here.
10. Zurich Kotak appoints new financial institutions group head, CRO
Zurich Kotak General Insurance has appointed Sutikshan Mishra as its senior vice president and head of its financial institutions group. Under financial institutions business, Mishra will be responsible for state-owned and private sector banks, non-banking finance companies and other financial institutions, along with corporate agent intermediaries.
The indian insurer has also appointed Nimesh Jayanti Kanabar as its chief risk officer (CRO). Kanabar joins the firm having held the same role with domestic peer Zuno General Insurance, earlier known as Edelweiss General Insurance.
Read the full story here and here.
For more InsuranceAsia News (IAN) people moves at brokers, insurers, reinsurers, insurtech, specialty players, regulators, MGAs and loss adjusters across Asia Pacific’s fast-growing (re)insurance markets click here.
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Tokio Marine, Gallagher, Markel, AIG: 10 APAC insurance people moves of the week
- January 17
Miller, Aon, Hydor, the Australian Securities and Investments Commission, Crawford, Marsh Asia, WTW, Newline Group and Coface also made personnel changes over the last week.
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Aon, Zurich, Chubb, Munich Re, Sompo: 10 APAC insurance people moves of the week
- January 10
Sedgwick, Lockton, Markel, Coface, MSIG Singapore, Crawford, WTW and Samsung Re also made personnel changes over the last week.
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