Insurance Business · 1 Oct, 16:06 · Business briefing

Markel moves renewables underwriter to Singapore as Asia energy demand surges

Markel has appointed a new renewables underwriter based in Singapore, responding to the rapid growth of energy demand across Asia.

What it means for you ↓ Courses for this story

26%average salary uplift after a professional certificate

2.7xfaster promotion for certified professionals

71%of leaders prefer candidates who upskill continuously

20days to your first credential

The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

Markel has appointed a new renewables underwriter based in Singapore, responding to the rapid growth of energy demand across Asia. This strategic relocation underscores the increasing significance of the Asian market for insurance capital and risk assessment. The move highlights a broader industry trend where insurers are decentralising operations to be closer to emerging markets. For professionals, it signals a shift in where specialised underwriting talent is required, particularly in sectors dealing with complex energy transitions. The decision reflects Markel’s commitment to capturing growth opportunities in renewable energy insurance, a niche that is expanding globally but showing particularly strong momentum in the Asia-Pacific region.

Employer demand for AI in Insurance skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

Your move

What this means
for your career.

Every headline redistributes opportunity. Here is who this one rewards — and how to be on the right side of it.

This shift demands that you prioritise regional expertise alongside technical underwriting skills. Professionals in insurance and energy sectors should focus on understanding Asian regulatory frameworks and market dynamics. You must develop strong cultural intelligence and language capabilities relevant to key Asian markets. Consider upskilling in renewable energy technologies to better assess associated risks. Networking with peers in Singapore and other financial hubs will provide invaluable insights. If you specialise in underwriting, explore opportunities in emerging markets rather than solely focusing on traditional Western centres. Demonstrating adaptability to new geographical contexts will make you a more attractive candidate. Ultimately, positioning yourself at the intersection of insurance expertise and regional knowledge is essential for career growth in this evolving landscape.

For this story, the fields that convert it into pay are AI in Insurance, Risk Management Strategies, Sustainability management and Finance and Accounting — exactly the programmes matched below. The chart shows the indicative salary uplift certified professionals report in each of those fields; every one of them is a click away, from £79, finishing in as few as 20 days.

Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below

Matched to this story

Enrol in these
to benefit.

These programmes position you for exactly this shift — online, self-paced, and finishing with a verifiable certificate you can share the day you pass.