Marsh, the world’s leading insurance broker and risk adviser, today announced, with immediate effect, the appointment of Tim Blakey as Regional Head of its Aviation Practice for Asia. Mr Blakey will also join a newly-formed Asia Aviation Executive team, chaired by Executive Managing Director Steve Lloyd, which will include John Munro, Marsh’s Singapore-based Global Space Practice head.

Commenting on the announcements Simon Harker, Global Leader of Marsh’s Aviation and Aerospace Practice, said: “Asia represents the world’s fastest growing aviation and aerospace market, with government and private investment continuing at record levels. Our Asian aviation clients are looking for stability, strong leadership and innovation as they face an increasing complex risk environment in the region. Tim, John and Steve all have significant Asia experience, having resided in the region for extended periods.

“The greatest strength of our Aviation Practice is the depth and breadth of our talent. For Asia, we have over 50 risk professionals dedicated to serving the risk management and insurance needs of our market-leading and growing aviation client portfolio.”

Commenting on his appointment, Mr Blakey said: “Asia is the world’s most exciting aviation market, with industry players spread across the full spectrum of development, from mature to emerging.

“Marsh has the bench strength on the ground in Asia’s aviation hubs of Singapore, Hong Kong, Taiwan, Beijing, Seoul and Jakarta ready to help our clients with the enhanced service they need to navigate the increased challenges facing the aviation and aerospace insurance markets.”