Specialist insurer Beazley has nominated April Yang (pictured) to join its underwriting division at Lloyd’s China to underwrite risks associated with jewellery, fine art and specie (JFAS) across Asia-Pacific.
This nomination, Beazley said in a statement, follows the launch of its new strategy to increase its footprint and local underwriting presence in the region. Beazley’s underwriting division at Lloyd’s China underwrites a diverse portfolio of reinsurance – including property risk, personal accident excess of loss, marine, political risk and contingency, and property, among other specialty lines.
Prior to this appointment, Yang was the director of the underwriting department at Shanghai Branch of China Zenith Insurance Brokers, where she spearheaded the authorisation of China Zenith as a new coverholder at Lloyd’s, as well as built up a profitable fine arts and specie book, the statement said. Before that, she worked in underwriting, new product development and market initiatives for fine arts and specie and other specialty lines in Catlin Underwriting Division at Lloyd’s China for almost nine years.
“We are thrilled to expand our underwriting presence in line with the continued growth of the Chinese insurance market,” said Lucien Mounier, Beazley’s head of Asia-Pacific. “With April on board we are more strongly positioned to work with brokers to meet the growing demand of their clients for specialist cover.”
