Markel International Welcomes Sucheng Chang as New Asia Pacific Managing Director

LONDON, June 9, 2025 – Markel Insurance, the insurance sector of Markel Group Inc., has officially announced the appointment of Sucheng Chang as its new Managing Director for the Asia Pacific region, effective July 14, 2025. Chang's role will encompass overseeing the strategic direction of Markel International's operations within the region, which are headquartered in Singapore and include various offices across Australia, Hong Kong, China, India, Malaysia, and Dubai.

In this pivotal position, Chang is tasked with maximizing profitable growth and enhancing service levels for clients and brokers alike. His leadership is positioned as crucial to the advancement of Markel's ambitious Accelerate Asia Pacific strategy, which has already resulted in a significant increase in gross written premiums and enhanced profitability for the company.

The Asia Pacific operations of Markel have experienced remarkable growth in recent years. Markel's investments under the Accelerate Asia Pacific initiative have yielded a staggering 600% increase in gross written premiums and nearly a 300% rise in the regional workforce since 2019. As listed by Andrew McMellin, President of Markel International, Sucheng is seen as a highly strategic leader well-versed in the intricacies of the Asia Pacific market.

Chang is stepping into this role after previous leadership at Aon, where he served as the Chief Executive Officer for their Hong Kong operations. Furthermore, he brings over 13 years of extensive experience from Liberty Mutual, fulfilling strategic roles that include Chief Distribution Officer and Chief Executive Officer for Liberty Insurance in Singapore. With an MBA from Yale University and a BA from Boston University, Chang's credentials are exemplary, reinforcing his readiness to spearhead Markel's efforts in this vital market.

In his own words, Chang expressed enthusiasm for taking on this challenge, stating, "Markel has established itself as a well-respected insurance entity in the Asia Pacific region, known for its commitment to exceptional service and attentive client outcomes. I am eager to lead our continued expansion and to leverage the opportunities presented by the significant growth potential in the $300 billion Asia Pacific insurance market.”

Markel Insurance prides itself on a people-first ethos, fostering deep and valuable relationships with clients, brokers, and employees alike. This people-centric approach is at the core of its operations as a leading global specialty insurer. The commitment to producing intelligent solutions tailored to complex specialty insurance needs sets Markel apart in a competitive landscape.

As Chang takes the reins, Markel International’s future in the Asia Pacific market appears promising, with expectations of further success driven by strategic growth initiatives and unwavering dedication to quality service. This transition comes at a pivotal moment, allowing the organization to capitalize on momentum and broaden its footprint in Asia Pacific's dynamic insurance market.

With an exciting journey ahead, the appointment of Sucheng Chang marks a significant milestone for Markel International, poised to track new heights in the competitive insurance industry.