ACE Appoints New Marine Risk Manager
October 06 2015 - 12:28AM
Business Wire
ACE Group announced today the appointment of Captain
Sivakumaran Divakaran (Captain Siva) as the new Marine Risk
Manager for Asia Pacific. Captain Siva will be part of the Asia
Pacific Marine team which provides marine cargo insurance for a
wide commodity range with customized risk management solutions. In
addition, he will play an active role within our established
project cargo practice and multinational client division. Based in
Kuala Lumpur, he will report to Anthony O’Brien, Regional Head of
Marine Insurance for Asia Pacific.
Captain Siva comes to ACE with over 20 years of shipping
industry experience. Prior to joining ACE, Captain Siva was with
Charles Taylor Marine, Malaysia, having joined them in 2006 as a
Marine Surveyor and in 2008, was made their Principal Surveyor.
During 2006-2015, he specialized in marine risk management through
a spectrum of marine-related risk minimizing and prevention
surveys, which included risk reviews for shipyard and ports. He
also did surveys for various types of marine casualties,
representing both local and foreign cargo or hull underwriters and
the Standard Club, a Protection & Indemnity Club.
On this new appointment, Mr. O’Brien said, “Captain Siva is a
welcomed addition to the team as a qualified Master Mariner having
served at sea for close to 10 years on-board general cargo and bulk
carriers, as well as multi-purpose and offshore drilling vessels.
As such, he has developed intimate knowledge of many complex
freight movement tasks and ocean shipping risk exposures especially
within Asian shipping environments. This expertise positions him
well to provide our clients and intermediaries with value added
risk management advice on their shipments; a service we will
continue to invest in to help preserve the value of their
consignments and their reputations.”
About ACE Group
ACE Group is one of the world’s largest multiline property and
casualty insurers. With operations in 54 countries, ACE provides
commercial and personal property and casualty insurance, personal
accident and supplemental health insurance, reinsurance and life
insurance to a diverse group of clients. ACE Limited, the parent
company of ACE Group, is listed on the New York Stock Exchange
(NYSE: ACE) and is a component of the S&P 500 index. ACE's core
operating insurance companies are rated AA for financial strength
by Standard & Poor’s and A++ by A.M. Best.
ACE®, ACE LOGO®, AND ACE INSURED® ARE TRADEMARKS OF ACE
LIMITED.
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version on businesswire.com: http://www.businesswire.com/news/home/20151005006810/en/
ACE GroupMichele Minjoot, +65-6398-8708Vice President & Head
of Communications, Asia Pacificmichele.minjoot@acegroup.com
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