In a strategic move to strengthen its financial lines capabilities to meet the growing needs of clients in Asia, MSIG has recently appointed Andrew Taylor as Senior Vice President and Head of Financial Lines for Singapore and Hong Kong, a new title created for the role.
Based in Singapore while collaborating with the markets, Taylor has a dual reporting line to Mack Eng, CEO of MSIG Singapore, and Philip Kent, CEO of MSIG Hong Kong. He is responsible for the general insurer’s profitable growth of the business within the region including the growth markets, leveraging on MSIG’s established distribution channels.
In a joint statement, Eng and Kent express: “Financial lines is an increasingly important class of business in MSIG. With Andrew’s expertise, track record and leadership, we will be able to enhance our product offerings and create value for our clients in financial lines insurance. This is pertinent as we strive to remain the insurer of choice.”
Taylor has over 20 years of international experience in the general insurance industry, spanning London, Australia and across Asia, where he is recognized as a pioneer in the Cyber Insurance space. Besides Cyber Insurance, the veteran also specialises in Professional Indemnity and Technology E&O classes within the Financial Lines.
Having joined MSIG recently, Taylor has been involved in the hustle and grind of the business with great excitement for the future ahead. He says: “MSIG has a strong company culture and commitment to service, which align extremely well with my values and vision of customer-focused team play. This is important in driving the overall financial lines segment. This region, is one of growth, innovation and opportunity, and I am looking forward to delivering great value to our clients and their businesses in Asia.”