RKH Specialty has appointed Stuart Beatty (pictured) as Asia-Pacific CEO. Based in Singapore, Beatty takes on a new role which see him lead the expansion of the firm’s specialty capabilities in the region.
Beatty has over 30 years’ experience in the re/insurance industry, and has spent 10 years working in Singapore for Aon Benfield and, most recently, JLT, where he was also Asia-Pacific CEO before joining RKH.
RKH Specialty’s business in Asia-Pacific mostly involves covering property, power, energy, construction, and financial risks from its Singapore office and its Hong Kong-based marine specialist brokerage, FP Marine.
“Local and regional markets continue to mature across the globe and clients are increasingly choosing to buy in those markets,” said Barnaby Rugge-Price, chief executive officer of RKH Specialty. “We intend to provide clients with the widest and clearest picture of global markets, helping them to identify their best underwriting partners, wherever they may be. With Stuart’s skills and experience we aim to build on the success of RKH and FP Marine in the region. His expertise will help us capitalise on opportunities throughout the Asia-Pacific region, focusing our initial efforts on working with colleagues to deliver products and services that are most in demand.”
“Over the last five years, the region has seen a significant increase in specialty lines capacity, authority and talent and this provides an excellent platform on which to build market-leading capabilities for RKH Specialty,” Beatty commented on his own appointment. “My role will be to help demonstrate and deliver our expertise across a full range of specialties to a wider client base.”