Business
Markel International appoints Sucheng Chang to lead Asia Pacific operations
Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced that it has appointed Sucheng Chang as its new Managing Director for Asia Pacific, with effect from 14 July.
About this update from Markel Group Inc.
[{"type":"text","content":"LONDON, June 9, 2025 /CNW/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced that it has appointed Sucheng Chang as its new Managing Director for Asia Pacific, with effect from 14 July.","length":239,"tagName":"p"},{"type":"image","alt":"Markel logo (PRNewsfoto/Markel)","displaySize":"","headline":null,"caption":"Markel logo (PRNewsfoto/Markel)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":299,"url":"https://media.zenfs.com/en/cnwgroup.com/9d5210bf6cab8c4b8cf2dae67a93a913"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/YMqk32o4rodj5m.c5n.bTg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTUyNztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/9d5210bf6cab8c4b8cf2dae67a93a913","width":400,"height":299}},"href":"https://mma.prnewswire.com/media/2090808/Markel_primary_logo_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"In his new role, Chang will head up Markel International's Asia Pacific business, which operates from its regional hub in Singapore and from offices in Australia, Hong Kong, China, India, Malaysia and Dubai. He will be responsible for leading the strategic direction of the business, centered on maximizing profitable growth and delivering exceptional client and broker service.","length":387,"tagName":"p"},{"type":"text","content":"Markel International's Asia Pacific business has witnessed significant expansion in recent years, following investment made as part of its Accelerate Asia Pacific strategy. Since 2019, GWP has increased by approximately 600%, underwriting profitability has improved and the number of employees in the region has increased by nearly 300%.","length":341,"tagName":"p"},{"type":"text","content":"Chang will take over from Christian Stobbs, who earlier this year announced his decision to leave the Asia Pacific region, remaining with Markel in another role.","length":161,"tagName":"p"},{"type":"text","content":"Commenting on Chang's appointment, Andrew McMellin, President of Markel International, said: "Sucheng is a highly strategic and well-respected leader within the Asia Pacific market, and I'm thrilled that he's joining Markel to lead our regional business in the next phase of its development. The Accelerate Asia Pacific strategy is a cornersto...