Managing General Agent ADVA Underwriting (ADVA) has announced its expansion into the marine cargo sector and appointed Joanne Chan as its Underwriting Director-Asia Pacific.
Joanne will initially focus on marine cargo, bringing the welcome addition of capacity and insight into the Asian market after a period largely characterised by a contraction of the number of active players in the space.
Chan said, “I am looking forward to working with my many friends and colleagues in the market as we work to expand the company’s product range to include marine cargo. We intend to proactively contribute to the growth and development of the market.”
ADVA Co-founder Dermot Reilly commented, “We’re delighted to welcome Joanne to the team and for her to lead our marine cargo operations, which will become a key product offering for ADVA. We’re confident that Joanne will continue delivering on our vision and priorities and position ADVA for a successful future in our markets.”
Joanne Chan brings over 40 years of marine underwriting experience in the Asian market to the role. Prior to joining ADVA, Joanne held senior roles in the marine insurance industry at XL Catlin, Zurich Insurance, AXA Corporate Solutions, Allianz and CIGNA Insurance. Joanne has chaired and served on several committees for IUMI and other market bodies. In these roles, she has acted as a strong advocate for diversity and the development and advancement of leadership for women in the marine insurance industry. She is based in Hong Kong.
ADVA Underwriting is one of the +8 Partners accelerating ecosystem of associated insurance businesses, each one focused on a core expertise and offering a range of (re)insurance advisory and support services.
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About ADVA Underwriting:
ADVA Underwriting is a specialist MGA focusing on Extended Warranty, Marine and Specialty, Affinity and Lifestyle protection products. The company also provides third-party policy and claims administration via its web-based policy and claims for both Extended Warranty and Marine clients.
From its locations in the United Kingdom, Germany, Hong Kong and Malaysia, ADVA Underwriting provides insurance and reinsurance solutions across Europe, Asia, the Middle East and the Americas.
ADVA Specialty Limited t/a ADVA Underwriting is an Appointed Representative of Pro MGA Solutions Ltd who is authorised and regulated by the Financial Conduct Authority under reference 770419. A company incorporated in England & Wales (No: 10575665) with Lloyd’s Coverholder status.
ADVA Underwriting is the trading name of ADVA Specialty Limited, incorporated in England & Wales (No: 12490563). ADVA Underwriting Europe GmbH is incorporated in Cologne, Germany and regulated by the Cologne Chamber of Industry and Commerce under registration no. D-UJ8M-8RPP4-39 in the insurance intermediary register.
ADVA Specialty (HK) Limited is incorporated in Hong Kong (No: 3078559) and regulated by the Insurance Authority of Hong Kong (Company Licence No. GA1044).
