Bajaj General Insurance, Lloyd’s, Orvia, Sompo: 11 APAC insurance people moves of the week

October 30 2026 by

InsuranceAsia News wraps up the people moves from the insurance industry in Asia this week.

1. Bajaj General Insurance names new CEO, managing director

Bajaj General Insurance has appointed Deepak Reddy to succeed Tapan Singhel as managing director and CEO, with the board of Bajaj Finserv having approved Reddy’s appointment, effective from January 1.

He replaces Singhel, who is stepping down in accordance with the IRDAI’s maximum continuous tenure of 15 years for managing directors, CEOs and whole-time directors.

Read the full story here.

2. Lloyd’s China unveils new leadership team as regulator approves appointments

The Shanghai bureau of the National Financial Regulatory Administration cleared Furen Shen’s appointment as chief executive officer earlier this month.

Shen, a Lloyd’s China veteran who joined in 2010, steps up from interim CEO after taking the role on April 1, succeeding Yuanbiao Sun, who has been elevated to chairman.

Sun had stepped down as CEO earlier this year to become a non-executive director, before the regulator approved his move to the top board role last month.

The regulator also approved Xiaolan Li as chief compliance officer last week, completing the platform’s new senior leadership line-up.

Read the full story here.

3. Envest Agencies rebrands, hires CEO

Envest Agencies will become Orvia Australia and New Zealand as parent firm Ardonagh rebranded its global MGA businesses Orvia Underwriting.

Orvia Australia and New Zealand, will be led by newly appointed CEO Belinda Steedman, who has 30 years of insurance experience and was most recently Aviva’s director of global proposition.

Read the full story here.

4. Sompo taps Australia head of operations

Sompo has appointed Azra Amir as its head of operations in Australia.

Sydney-based Amir has joined from Aon, where she had been head of process excellence for Asia Pacific since February 2023.

Read the full story here.

5. WTW appoints Hong Kong ICT market leader

WTW has named Greg Solomon as market leader for its insurance consulting and technology (ICT) business in Hong Kong.

He has rejoined WTW to replace Sean Deehan, who left in July to take over as APAC CEO of Aon’s Strategy and Technology Group.

Read the full story here.

6. Marsh names lead for newly-formed captive strategy

Marsh has promoted Shawn Willis to the newly-created role of captive strategy leader for the Pacific.

The newly created role is focused on helping Marsh’s clients evaluate, optimise, and build long-term captive strategies aligned to their risk and business objectives.

Read the full story here.

7. Lockton expands in New Zealand with Wellington office, Marsh and WTW hires

Lockton has expanded its New Zealand operations with the opening of a Wellington office, hiring Marsh’s Felix Ukaegbu as general manager and adding James Earwaker from WTW as client director for financial lines.

Ukaegbu and Earwaker join Wellington-based Graham Elliot, who joined Lockton earlier this year as a client director in its people solutions business.

Ukaegbu joins from Marsh, where he has served as chief client officer for risk management in New Zealand, and has been based in Wellington since 2024, while Earwaker, who was most recently Wellington and central manager at WTW, has more than 20 years of industry experience in financial, executive and professional risks.

Read the full story here.

8. Starr appoints APAC head of distribution, strategic initiatives

Starr has appointed Zoe Xie as head of distribution and strategic initiatives for Asia Pacific.

Singapore-based Xie joins from Axa XL, where she was most recently head of property since March 2024, and was also briefly the interim head of the corporate business division for China between July 2025 and March.

Read the full story here.

9. Elseco names head as part of expansion into Asia

Dubai-based specialty MGA elseco has expanded into Asia with the launch of a Lloyd’s Asia coverholder in Singapore, with the new operation to be led by Lisa Leow as head of A&H for Asia.

Elseco Asia will begin by writing accident and health (A&H) business and will operate under the Lloyd’s Asia Scheme in Singapore.

Read the full story here.

10. Echo Re strengthens Gift City team with underwriting manager appointment

Echo Re has appointed Sanjana Sinha as an underwriting manager for its Gujarat International Finance Tech-City (Gift City) branch.

Sinha joins the reinsurer after spending 12 years with Axa XL in Gurugram, last holding the position of underwriting manager since April 2024.

Read the full story here.

11. Chaucer names APAC lead underwriter for agriculture

Chaucer Group has appointed Jay Bae as its lead underwriter for agriculture for Asia Pacific.

Singapore-based Bae joins from Swiss Re, where he was most recently the head of agriculture for Southeast Asia, Australia, New Zealand, Japan and South Korea since October 2023.

Read the full story here.

Other moves you may have missed

Yusuke Matsumoto, Swiss Re’s head of facultative reinsurance for APAC, is set to relocate from Japan to Singapore this week. Tokyo-based Matsumoto succeeded Ronnie Tong in May, having served as interim since April.

Beazley’s Stefan Bramwell has relocated from London to Singapore to take on the role of energy underwriter. Bramwell has been with Beazley since May 2024, having returned from an 18-month career break.

For more InsuranceAsia News (IAN) people moves at brokers, insurers, reinsurers, insurtechs, specialty players, MGAs and loss adjusters across Asia Pacific’s fast-growing (re)insurance markets click here.

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