Kevin Leung, Chief Underwriting Officer, Asia-Pacific, said: “Expanding our W&I capabilities across Asia Pacific is a natural progression, as demand for highly technical transactional risk solutions increases. Establishing dedicated underwriting presence in Hong Kong and India strengthens our ability to respond quickly to brokers and clients with local insight backed by global expertise.
Singapore:Markel Insurance, the insurance operation within Markel Group Inc, has expanded its Warranty and Indemnity (W&I) insurance capabilities into the Asia Pacific region, with two new underwriting appointments in Hong Kong and India.
Markel has appointed Siddick Khan as Senior Underwriter, W&I, based in Hong Kong. Khan will focus on underwriting transactional risks, with a focus on Singapore, Hong Kong and other key markets across Asia Pacific.
Khan will report to Kevin Leung, Chief Underwriting Officer, Asia-Pacific and will work closely with Bryan Dressler, Global Head of W&I Insurance, and the wider London team to ensure strong global alignment and technical consistency.
In India, Markel has appointed Shubhi Nigam as its first dedicated W&I underwriter, based in Mumbai. Nigam will focus exclusively on the Indian market and report to Priyesh Pradhan, Senior Underwriter – Professional Financial Risks and Cyber.
Nigam joins with extensive M&A and corporate legal experience gained at leading firms including Shardul Amarchand Mangaldas & Co., AZB & Partners, Trilegal and Bharucha & Partners. She has advised private equity investors, multinational corporates, and domestic businesses on transactions, joint ventures, due diligence, and deal structuring across multiple sectors.
Her appointment marks the evolution from Markel’s previous selective engagement with W&I in India to a dedicated, scalable and locally grounded proposition, underpinned by close alignment with Dressler and the London-based W&I team.
As Asia Pacific deal activity increases and underwriting standards become more stringent, investing in enhanced local underwriting presence is essential to meet evolving market requirements. These hires ensure Markel can meet demand at market pace, with the technical depth needed for today’s more complex risk landscape. At the same time, they underscore Markel’s commitment to building enduring, locally grounded underwriting capability across APAC, supported by the company’s established London Market expertise.
Khan brings deep transactional risk experience from Aon Transaction Solutions, where he negotiated policies for numerous deal structures, including privatisations and multi-stage transactions. He also spent more than a decade at PwC, specialising in financial due diligence, data analytics, strategic investment work and complex cross‑border execution across Asia, Europe and the US.
Kevin Leung, Chief Underwriting Officer, Asia-Pacific, said: “Expanding our W&I capabilities across Asia Pacific is a natural progression, as demand for highly technical transactional risk solutions increases. Establishing dedicated underwriting presence in Hong Kong and India strengthens our ability to respond quickly to brokers and clients with local insight backed by global expertise. Siddick and Shubhi bring strong execution capability to our growing APAC platform and their collaboration with Bryan and the London team ensures we continue to deliver consistent, best‑in‑class support across markets.”
Dressler added: “Our global W&I practice is built on deep technical foundations and close cross‑regional collaboration. The addition of Siddick and Shubhi enhances our overall underwriting capabilities and reinforces Markel’s commitment to supporting the evolving needs of dealmakers throughout Asia Pacific. We’re proud to work closely with the APAC team to bring a unified, globally aligned proposition to one of the most dynamic M&A regions in the world.”