Specialist insurer Beazley has appointed Lucien Mounier to head its Asia Pacific operations. He moves from Paris where, for the past two years, he has been responsible for managing and growing Beazley’s portfolio of cyber and technology business in France, other continental European markets and, more recently, in Asia.
Mounier will be based in Singapore, Beazley’s hub in the Asia Pacific region, and will be responsible for developing the group’s business across the region, working closely with Beazley Singapore’s principal officer, Byran Lee.
Prior to joining Beazley in February 2016, Mounier had held various roles at American International Group, according to his LinkedIn profile. These roles were cyber product leader for France – financial lines (September 2014 to February 2016); professional associate – financial lines (July 2013 to September 2014), and assistant underwriter – casualty & contaminated products (September 2012 to July 2013).
Mounier succeeds Gavin Hayes who, after leading the Singapore-based team for the past three years, returns to Beazley’s specialty lines division in London.
Beazley said it has identified significant growth opportunities in the Asia Pacific region for its specialist insurance products and has expanded its local underwriting and lines of business in response. In October 2017, 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. 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,” said Patrick Hartigan, who is responsible for Beazley’s strategic growth initiative in the Asia Pacific region.
“I’d like to thank Gavin for his leadership over the past three years and to welcome Lucien to the role,” said Hartigan, noting that with Mounier’s background in cyber risk, he “is exceptionally well-qualified to help us develop this and other products for the local market.”
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