Specialist insurer Beazley has announced the appointment of Jessica Schappell as Head of Asia Pacific (APAC).
In her new role, Schappell will report directly to Paul Bantick, Global Head of Cyber Risks at Beazley. She will be responsible for leading the APAC business to achieve Beazley’s growth plans in the region and will also oversee and chair the Asia Pacific Management Committee (APMC).
Bantick expressed enthusiasm for Schappell’s appointment, stating, “Our APAC business has gone from strength to strength under Lucien’s leadership and Jessica’s in-depth knowledge of the region and impressive market reputation positions her as the ideal candidate to spearhead our continued growth.
“The risks facing the region are getting more complex and a recent Beazley report found that 44% of businesses in Singapore believe they operate in a high-risk environment. Only through the expertise of individuals like Jessica, alongside her market-leading team, will our market be able to support our clients navigate the challenges ahead. I look forward to working closely with Jessica on delivering our business strategy.”
Schappell has been with Beazley for 17 years, joining in 2007. Most recently, she served as Claims Manager for Specialty Risk and Cyber in APAC, where she developed the claims department, built strong relationships with clients, brokers, and colleagues, and managed a diverse portfolio of complex claims.
Before joining Beazley, she worked at AIG for two years as a Claims Analyst.
Commenting on her appointment, Schappell said, “For the last five years I have worked alongside an impressive team in Singapore and I am delighted to now have the opportunity to lead them as we build on our success.”
She added, “As a team we will ensure that we develop and invest in solutions that allow our clients and broker partners across APAC build resilience and outperform.”
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