Markel International Welcomes Sucheng Chang as Asia Pacific Leader
Markel International Welcomes Sucheng Chang as Asia Pacific Leader
On June 9, 2025, Markel Insurance, part of Markel Group Inc. (NYSE: MKL), declared the appointment of Sucheng Chang as its Managing Director for the Asia Pacific region. Set to take the helm on July 14, Chang will lead Markel’s regional operations, headquartered in Singapore, with offices spread across Australia, Hong Kong, China, India, Malaysia, and Dubai.
In this pivotal role, Chang is tasked with defining the strategic vision for Markel International's business in Asia Pacific, predominantly focusing on boosting profitable growth and delivering outstanding service to clients and brokers alike. The Asia Pacific sector of Markel International has experienced remarkable growth lately, largely attributed to the company’s Accelerate Asia Pacific strategy, which has propelled its Gross Written Premiums (GWP) up by around 600% since 2019. Under Chang's leadership, the company's emphasis will remain on sustaining this trajectory of growth while enhancing operational efficiencies and customer satisfaction.
Commenting on this strategic move, Andrew McMellin, President of Markel International, expressed his enthusiasm for Chang's extensive leadership experience in the Asia Pacific insurance market. He noted, "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 cornerstone of the profitable growth agenda at Markel International. I'm confident that his leadership qualities and vast experience in scaling insurance operations will enable us to further build on our momentum."
Chang brings a wealth of experience from his previous role as CEO of Aon Hong Kong, where he significantly advanced the company’s presence and performance in the competitive insurance landscape. Before Aon, Chang spent over 13 years at Liberty Mutual, holding key strategic positions, including Chief Distribution Officer and CEO of Liberty Insurance Singapore. His educational background includes an MBA from Yale University and a BA from Boston University, further enriching his leadership profile.
In expressing his vision, Chang stated, "Markel has made remarkable strides in the Asia Pacific region and is recognized as a trusted partner for clients and collaborators alike. I'm extremely eager to guide the next phase of Markel's expansion in this vibrant market, leveraging the opportunities presented by the USD 300 billion GWP potential in the Asia-Pacific insurance domain."
Markel Insurance, recognized as a leading global specialty insurer, prides itself on a customer-centric approach. With a commitment to forging strong relationships with colleagues, brokers, and clients, Markel distinguishes itself through its expertise in navigating the complexities of specialized insurance needs. The firm is dedicated to understanding the unique challenges facing its clientele and providing innovative, tailored insurance solutions.
As Chang steers Markel’s initiatives in the Asia Pacific, the insurance company looks to maintain its upward trajectory, fostering a culture of collaboration and excellence to meet the evolving demands of the regional market. With the anticipated growth and the impactful leadership of Chang, Markel Insurance is set to reinforce its position in an ever-expanding global landscape.