Phua and Lu will be responsible for underwriting Beazley’s full suite of specialty lines products, including directors & officers (D&O), professional indemnity, financial institutions and cyber, as well as healthcare liability. They will report to Nicholas Tey, international financial lines manager for Asia-Pacific.
Phua joins from Asia Capital Reinsurance Group and has extensive experience in the medical malpractice and professional indemnity sector. Meanwhile, Lu has 12 years of insurance industry experience across North Asia. He joins from Swiss Re at which he spent six years. Most recently, he was responsible for growing the finpro and casualty business at Swiss Re Corporate Solutions in the Greater China markets.
Ambaram joins Beazley’s specialty treaty team bringing more than 20 years of credit and surety experience. Her role will span specialty and surety reinsurance and she will lead the Beazley Product Solutions offering for the region. Most recently, Ambaram served as head of surety (Singapore & Hong Kong) at Zurich Insurance. Prior to this, she was based in Johannesburg, South Africa, responsible for bonds and guarantee business at Santam Insurance Company. She will report to Thomas Moore, global head of specialty surety.
Schwarz will relocate from the insurer’s London office to Singapore to bolster the M&A team in the region. He joined Beazley in 2015 and moved to its M&A team in 2018, underwriting M&A risks across the UK, Europe, USA and Asia markets. He will report to Jade Cummings.
“We are very pleased to welcome on board Dindson, Mike, Reeta and Jordan who bring diverse skillsets and broad industry knowledge to the team,” said Lucien Mouier, Beazley’s Asia-Pacific head. “Attracting and developing talent remains as important as ever during this pandemic as we look to grow and enhance our offering for clients across the region. Since unveiling our growth strategy last
October, our regional underwriting team has grown by 40% and we have continued to flex and grow our offering to meet the changing needs of businesses.”