RKH Specialty has hired Paul O’Neill as CEO for its Asia-Pacific business, based in Singapore. He succeeds Stuart Beatty, who will move to a new role as head of RKH Reinsurance Brokers APAC.
According to a statement by RKH, O’Neill will join on May 01, and will assume the role of CEO once local regulatory approvals have been obtained.
O’Neill was previously the chief underwriting officer of specialty at Allianz Global Corporate & Specialty (AGCS), as well as a member of its board of management. This latest appointment marks his return to the Asia-Pacific region, as he was regional manager for energy at AGCS from 2003 to 2007. He spent more than 16 years with Allianz.
A chartered engineer, O’Neill was in the chemical engineering field before moving into insurance, where he performed risk-engineering reviews for the London insurance market. While working at Lloyd’s, he transitioned into underwriting and, since then, has held several senior leadership roles.
“Paul will join us at a hugely exciting time as RKH and Howden come together to blend the full breadth and strength of our product expertise with our growing regional ambitions in Asia and beyond,” said Paul Redgate, deputy chairman of RKH Specialty. “We are focussed on making our distribution channels more accessible, more efficient and more effective for our clients and we will continue to invest in and strengthen resources to deliver this.”