Former JLT and AIG exec named new CEO of Hyperion's marine subsidiary

Intermediary Hyperion Insurance Group has appointed Mark Johnson as CEO of its Hong Kong-headquartered specialty marine business FP Marine Risks.

Richard Walker, who became CEO in 2016, will assume the role of chairman of FP Marine, assisting Johnson and continuing to work with the company's shipping clients.

Johnson brings over 20 years of commercial experience in senior roles in Hong Kong and the wider Asia market, most recently as the CEO of JLT Thailand and, prior to that, heading AIG's commercial lines division in Hong Kong and their major accounts practice in Asia.

FP Marine will become part of RKH Specialty, also a part of Hyperion, with effect from 1 April 2017.

Walker commented: "Despite the challenging market conditions of the past 12 months, we are now in a good position to work with Hyperion on growing the group's business in Asia having concentrated our efforts towards refocusing on our core strengths. I am confident that Mark is the right person to lead FP Marine into its next phase and look forward to supporting him in achieving this.”

Barnaby Rugge-Price, CEO of RKH Specialty, said: "Mark's appointment demonstrates our commitment to the region and the FP brand. FP's strong reputation in the marine space fits perfectly with RKH’s aspiration to be a global specialist broker operating in all of the key regional market hubs.

"We look forward to working with Mark, Richard and all of our colleagues at FP to build on the strong foundations that they have established," Rugge-Price noted.

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