Fine art and specie is a key area of growth for Liberty, particularly in the Asian market, which is developing rapidly. There is a notable increased appetite from brokers and assureds, which Liberty is responding to by establishing a footprint in the region.
London:Liberty Specialty Markets (Liberty), part of Liberty Mutual Insurance Group has appointed of Edrick Tang as senior underwriter, Asia Pacific, effective immediately.
Based in Singapore, Tang will report to Dipam Pandit, head of broker distribution, Asia, and head of war and terrorism, Asia Pacific.
Fine art and specie is a key area of growth for Liberty, particularly in the Asian market, which is developing rapidly. There is a notable increased appetite from brokers and assureds, which Liberty is responding to by establishing a footprint in the region.
This appointment brings the total of dedicated fine art & specie underwriters close to 40, with nine global fine art and specie offices.
The product offering is designed to support a broad client base, from SMEs to high-net-worth. It provides cover across fine art, general specie, cash in transit and jewellers block, enabling placements for a wide range of risks within these subclasses. Liberty also maintains a specialist commercial appetite for larger risks and reinsurance treaties with cedants, with the capability to structure comprehensive and tailored product offerings.
Charles Taylor strengthens Asia expertise as complex losses reshape regional risk landscape
Meanwhile,Charles Taylor, the global leader in international loss adjusting and technical claims management, has strengthened its specialist loss adjusting capabilities across Asia in response to the growing complexity of the region’s claims market.
As part of continued investment in its global team, Viknesh Shakeer joins Charles Taylor as a Director in its Asia Regional Hub to provide deep technical expertise and interdisciplinary insight. The move comes as Charles Taylor’s clients across the aviation, marine, property and special risk markets are increasingly seeking greater clarity of risk exposures amid climate volatility, energy transition and major infrastructure expansion projects.
Viknesh brings more than a decade of experience handling major energy, property and construction losses across Asia. In his new role, Viknesh will work closely with Charles Taylor’s regional teams and clients to strengthen capabilities across natural resources, construction and engineering, machinery breakdown, public and product liability, product recall, fine art and specie, and marine risks. He will report to Mathew Hessian, Singapore Country Manager & Client and Business Development Director, Asia.
Viknesh Shakeer, Director, Asia Regional Hub, Charles Taylor said: “Asia is increasingly seeing claims shaped by climate volatility, complex construction and energy projects, and high-value assets that cut across multiple risk categories.”
Mathew Hessian, Singapore Country Manager & Client and Business Development Director, Asia Charles Taylor added, “Asia remains a key growth and innovation region for Charles Taylor. As losses become larger and more technically demanding, we will continue to invest in specialist talent and capabilities to support clients across the region. Viknesh’s addition to the Asia team further strengthens Charles Taylor’s expertise in handling complex and high-severity losses while reinforcing its long-term commitment to the market.”