Beazley appoints Asia-Pacific head

April 12 2018 by InsuranceAsia News Staff

Specialist insurer Beazley has appointed Lucien Mounier to head its Asia Pacific operations.

Mounier succeeds Gavin Hayes who returns to Beazley’s specialty lines division in London after leading the Singapore-based team for the past three years.

He moves from Paris where he has been responsible for managing and growing a portfolio of cyber and technology business in France, other continental European markets and, more recently, in Asia.

Beazley has identified significant growth opportunities in the region for its specialist insurance products and has expanded its local underwriting and lines of business in response.

Last October it launched a comprehensive financial lines suite of products and has plans to further develop its cyber offering in Asia Pacific.

“The Asia Pacific market is of strategic importance to Beazley,” said Patrick Hartigan, who is responsible for Beazley’s strategic growth initiative in the Asia Pacific region. “Our 30-strong team in Singapore has grown our business significantly over the past 12 years, and from this base we believe that there are many opportunities for us to expand across our portfolio of specialist insurance products.”