Global specialty re/insurance group Chaucer has appointed Jay Bae as Lead Underwriter, Agriculture Asia Pacific (APAC), and Jessica Lee as Class Underwriter, Reinsurance, based in Singapore, expanding its regional expertise.
These appointments also aim to bolster the reinsurer’s treaty reinsurance capabilities and the Singapore team.
Bae has nearly 23 years of industry experience, of which he spent nearly ten at reinsurance giant Swiss Re, where most recently he was the Head of Agriculture for Southeast Asia, Australia and New Zealand, and Korea and Japan.
Before this, he served as a Senior Agriculture Underwriter for nearly seven years. Prior to Swiss Re, Bae was the Director of JLT Re based in Singapore.
He started his career as an Underwriter for Claims at Korean Reinsurance Company in 2003, based in Seoul. Bae then served as the Underwriting Manager at Korean Re and as an Underwriting Manager for Korean Re’s Singapore branch.
Most recently, Lee served as a Treaty Underwriter at Aspen Insurance Group, based in Singapore. Before this, she has also served as a Treaty Underwriter for SiriusPoint.
Lee started her career as an intern at HP Tan & Associates, eventually joining Malaysian Reinsurance Berhad as an Assistant Vice President and Treaty Reinsurance Underwriter and MS Amlin as an Assistant Underwriter.
The reinsurer, in a statement, said, “We’re continuing to strengthen our expertise in Singapore and across the Asia-Pacific region. With Jae Bay as Lead Underwriter, Agriculture APAC, and Jessica Lee as Class Underwriter, Reinsurance, we’re further enhancing our capabilities and presence across the Asia-Pacific market.”
