Markel appoints India chief underwriting officer

January 10 2020 by Yvonne Lau

Markel has appointed Anirudh Singh as India chief underwriting officer.

While leading the company’s India underwriting team, Singh (pictured) will work closely with Markel India’s chief executive Deepika Mathur to manage and expand the specialist insurer’s capacity and portfolio across the country.

Mathur commented: “As India’s insurance landscape continues to improve and grow, Markel India is set to expand its underwriting capability and products for local businesses as they operate under increasingly complex risks.” 

Singh holds 16 years of experience across general and life insurance. Prior to his role at Markel, Singh served a long tenure at Raheja QBE, where he held various roles in the Mumbai office across strategy, operations and financial planning. His most recent role was at Raheja QBE was a three-pronged one — as chief operating officer, chief risk officer and chief information security officer.

Earlier in Singh’s career, he also spent time at ICICI Prudential Life, HDFC Chubb General Insurance and Bajaj Allianz General Insurance.

“[Singh] will be a strong addition to the team, with his wealth of experience and passion for insurance,” Mathur added. 

Christian Stobbs, Markel Asia’s managing director, said: “We are excited to welcome [Singh] on board as we look to strengthen the depth of Markel Asia’s underwriting expertise in local markets to meet the specific needs of clients in Asia Pacific.”

The move highlights Markel’s commitment to growing its presence in Asia. Its long-planned Mumbai office was opened in 2018, after winning a license to write reinsurance business from India’s Insurance Regulatory and Development Authority.

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