Beazley on Monday (July 29) announced the promotion of Jessica Schappell to Head of Asia Pacific (APAC), effective from August. She succeeds Lucien Mounier, who was named Head of Europe for Cyber Risks earlier in July.
In her new role, Singapore-based Schappell will report to Paul Bantick, Global Head of Cyber Risks, and lead APAC’s growth plans in the region, Beazley said in its announcement.
She will also oversee and chair the Asia Pacific Management Committee (APMC), the specialty insurer added.
Paul Bantick
Global Head of Cyber Risks“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,” said Bantick.
“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,” Bantick adds. “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.”
Schappell joined Beazley in 2007 and has held positions in both New York and Singapore. Most recently, she served as Claims Manager for Specialty Risk and Cyber in APAC, where she established and built the claims offering in the region, cultivating relationships with key partners, including clients, brokers, and colleagues, while managing a diverse portfolio of complex claims, Beazley 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,” said Schappell. “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.”
