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Markel, Shanghai, May 16, 2024 — Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), has reinforced its commitment to the Chinese market with the appointments of Martin He as Marine Underwriter, George Ke as PFR & Cyber Underwriter, and Lei Wang as Manager of Model Analytics & Reporting.
Martin He joins from Howden’s specialty logistics division, bringing nearly 15 years of experience in marine insurance. He is experienced in various aspects of marine insurance, including cargo, project cargo, stock-throughput, cargo war, hull war, specie & fine arts, marine liability, political violence, and multinational accounts. He will collaborate closely with the marine underwriting team to help drive profitable growth and success for Markel International in China and to further relationships with clients and brokers.
George Ke joins Markel from leading security solutions provider Yuanbao Technology where he was Cyber Insurance Product Director, responsible for advising Chinese insurers on cyber risk assessment and pricing. Prior to that, Ke spent six years at Chubb Insurance, where he wrote various classes of financial lines, such as Cyber, D&O, FI and PI.
Markel has also appointed Lei Wang as Manager of Model Analytics & Reporting. Wang joins from AIG Japan where she spent two years as Head of ERM Analytics. As part of AIG since 2012, Wang also held senior capital modelling roles at AIG Shanghai Analytics Centre and AIG Europe.
He and Ke will report directly to Qianhai Hu, Underwriting Director at Markel, China. Wang will report to Christopher Bailey, Global Head of Capital at Markel, based in London.
Qianhai Hu, Underwriting Director at Markel, China stated: "I’m thrilled to welcome Martin He and George Ke to the Markel family. He’s deep understanding of the marine insurance sector makes him a valuable addition to our team, particularly as China's maritime industry continues to rapidly expand and evolve. Ke’s insight on China market will enhance our PFR & cyber underwriting services in emerging risk areas. With them on board, we’re confident in our ability to better meet the evolving needs of our clients in China and further strengthen our position in that market."
Speaking of Wang’s appointment, Christopher Bailey, Global Head of Capital at Markel, said: “Wang’s role will focus on enhancing Markel's analytical capabilities and reporting processes, supporting the company's strategic decision-making and risk management efforts in Lloyd’s and Markel globally.”