Argenta Underwriting Asia Pte Ltd (“AUA”), the Singapore-based wholly owned subsidiary of Argenta Holdings plc, is pleased to announce the appointment of Ian Picton as Energy Underwriter Asia Pacific, reporting to Syndicate 2121’s Principal Underwriter in Asia, Scott Sykes. Ian joins AUA at the end of August 2016.
Ian has over 10 years’ experience in the Energy market across both underwriting and broking disciplines in both the London and Singapore markets. Ian’s most recent role before joining AUA was as Senior Energy Underwriter for XL Catlin Singapore. Prior to his move to Singapore, Ian worked as an Upstream Energy Broker in London for two major broking houses.
Des Carbery, Managing Director, AUA commented:
“We are delighted Ian has agreed to join AUA. Ian has an excellent track record at well-respected institutions in the Lloyd’s and London markets. His wide-ranging underwriting expertise, broker relationships and market knowledge will be a valuable addition to our underwriting team. We are confident that Ian will play an important role in our plans for the profitable development of Syndicate 2121’s portfolio in the Asia Pacific region.”
Contacts:
Des Carbery
Argenta Underwriting Asia Pte Ltd
+ 00 65 6603 1061
Scott Sykes
Argenta Underwriting Asia Pte Ltd
+ 00 65 6603 1064
David Haggie/ Samantha Whiteley/ Rebecca Young
Haggie Partners
+ 44 (0)20 7562 4444
Notes to Editors:
Argenta Underwriting Asia Pte Ltd, Argenta Underwriting Asia Pte Ltd (AUA) was established as a service company in 2009 to source and underwrite business on behalf of Argenta Syndicate 2121.
Based in the Lloyd’s Asia hub in Singapore, AUA offers access to reinsurance and insurance business emanating from across the Asia-Pacific region, including some of the biggest and fastest growing insurance markets in the world. It has established a strong local presence and specialises in property, cargo & specie, energy and marine hull and war business.
Argenta Syndicate Management Limited, a Lloyd's authorised managing agency, houses the Group's own underwriting operation, Argenta Syndicate 2121. Syndicate 2121 has an underwriting capacity of £270 million for 2016 split between Direct Property, Property Treaty, Marine Hull and War, Marine Cargo and Specie, Offshore Energy, Marine & Energy Liabilities, Power and Utilities, Terrorism, Casualty, Accident & Health and Political Risks.
Argenta Holdings plc is the parent company of ASML and also of Argenta Private Capital Limited, which provides investor capacity to the Lloyd’s market of close to £1.44 billion.
Scott SykesPrincipal Officer, AUADirect line: + 65 6603 1064Email: scott.sykes@argentagroup.com