2 September 2016 Insurance

Markel names energy underwriter for Asia Pacific

Specialist insurer Markel International has expanded its Singapore branch with the appointment of Timothy Foister as energy underwriter.

Foister will report to Matthew Cannock, principal officer and managing director of Markel International (Singapore).

Prior to Markel, Foister served as an exploration and production underwriter for Liberty International Underwriters, based in Singapore.

Cannock commented: “It is a very challenging time for the oil and gas industry and as a key energy service provider to the Singapore market it is very important that we are constantly looking for ways to improve our service to our clients.

“With Tim’s expertise in Singapore, working closely with Markel’s global energy team in London, we will be able to deliver a more focused product and service to our brokers, cedants and assureds across the Asia Pacific region.

“This key appointment demonstrates the depth of Markel’s ongoing commitment to providing leadership for energy business in Asia. I am delighted to welcome Tim who will further strengthen our team here in Singapore”.

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