Liberty appoints Edrick Tang as senior underwriter, fine art and specie, Asia Pacific

Liberty Specialty Markets (Liberty), part of Liberty Mutual Insurance Group, is pleased to announce the appointment of Edrick Tang as senior underwriter, Asia Pacific, effective immediately. Based in Singapore, Tang will report to Dipam Pandit, head of broker distribution, Asia, and head of war and terrorism, Asia Pacific. 

Fine art and specie is a key area of growth for Liberty, particularly in the Asian market, which is developing rapidly. There is a notable increased appetite from brokers and assureds, which Liberty is responding to by establishing a footprint in the region. This appointment brings the total of dedicated fine art & specie underwriters close to 40, with nine global fine art and specie offices. 

The product offering is designed to support a broad client base, from SMEs to high-net-worth. It provides cover across fine art, general specie, cash in transit and jewellers block, enabling placements for a wide range of risks within these subclasses. Liberty also maintains a specialist commercial appetite for larger risks and reinsurance treaties with cedants, with the capability to structure comprehensive and tailored product offerings.

Tang will oversee underwriting performance for the product line and lead the execution of the product’s growth strategy across Asia, supporting Liberty’s strategic focus on capitalising on regional growth opportunities, while responding to rising client demand for specialised coverage. 

Pandit said: “We are thrilled to welcome Edrick to his new role and look forward to the opportunities his extensive experience and expertise will bring to this business. Under his leadership, we are confident the fine art and specie team will continue to grow and offer vital products and coverage to our clients in Asia.”

Tang brings 15 years of industry experience at major insurers, his most recent role being underwriting manager.