Linda Naili

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Insurer Markel International has grown its trade credit underwriting team in Singapore with the appointment of Linda Naili.

Naili has over a decade of industry experience. She joins Markel from GE Capital in Paris, where since 2006 she worked as a senior credit risk analyst.

In her new role as trade credit underwriter, Naili will work to develop business throughout the Asia Pacific region, growing the insurer’s trade credit book. She will work closely with, and report to, senior underwriter and head of trade credit in Asia Pacific, Abhishek Chhajer.

“We are actively taking steps to boost our resources so that we are well-placed to serve the growing interest in trade credit solutions across key Asia markets,” says managing director at Markel International, Ewa Rose.

“Linda’s extensive risk underwriting knowledge gained during her time at GE Capital will support our existing product lines and our business growth plans.”

Commenting further on the hire, principal officer and managing director of Markel Asia Pacific, Matthew Cannock, says: “Linda’s appointment follows closely on the back of New York’s trade credit team expansion and Dubai’s license application to offer trade credit cover. With the addition of her expertise and experience we will be able to improve and expand our trade credit offering across the region.”

In July this year, GTR reported the establishment of Markel’s trade credit portfolio in the US, with the appointment of Philip Amlot as head of the insurer’s New York-based underwriting team. The company has also looked to increase its presence in the Middle East, hiring Leroy Almeida to head its operations in Dubai.

In a statement, a spokesperson for Markel tells GTR that further expansion and additional hires may come once the insurer has seen gains on its investments so far. Similarly, Markel remains open to expanding its product portfolio in the future.

“We are always open to reviewing new products, however our current range of comprehensive non-payment solutions caters for the majority of the business submissions that we see,” the spokesperson tells GTR.