Beazley hires M&A underwriter to join Singapore team
Specialist insurer Beazley has appointed Jade Cummings to underwrite risks associated with mergers & acquisitions (M&A) across Asia Pacific.
Based in Beazley’s Singapore office, she joins the global M&A team, which underwrites companies engaged in M&A activity, including acquisitive corporations, private equity funds, corporate spinoffs, asset sales or purchases, and refinancing transactions.
Ms Cummings joins Beazley from McAfee, LLC where she was legal counsel. She joined the firm as a secondee before becoming the lead legal counsel responsible for the Southeast Asia region. Prior to that she was a private practice lawyer in Auckland and trained and qualified at the law firm Russell McVeagh. She then worked at the law firm Anthony Harper before relocating to Singapore.
Lucien Mounier, Beazley’s head of Asia Pacific, said: “I’m delighted that Jade has joined our team in Singapore, adding expertise on the ground to better service the Asia Pacific region. We are continuing to invest in underwriting talent to expand our footprint and achieve sustainable, long-term growth.”
Tim Allen, global head of the M&A team and underwriter, said: “We’re very pleased to welcome Jade who will significantly enhance our local offering in Asia Pac and help us grow in Singapore. She brings great experience from a leading tech company and having worked as a lawyer and M&A practitioner across the Southeast Asian and Australasian markets. Appetite for M&A insurance across Asia Pacific remains strong and we look forward to building our book further with Jade and future hires. With Jade joining the team we can offer brokers and clients local underwriting capability supported by the expertise of our global M&A underwriting and claims specialists and continue the significant growth we have seen in recent years.”
This appointment follows Beazley’s announcement in October outlining its plans to increase local underwriting presence in the region.