FP Marine Risks has appointed Audrey Poon as manager-trade finance.

Poon will take responsibility for managing the Hong Kong-based marine insurance broker's new initiative aimed at providing trade financiers and their clients with bespoke marine insurance products.

Philip Bilney, the company's executive director, said: “There's no doubt that in Hong Kong and Asia there is a growing need for trade financing banks to protect their marine exposures. By launching this initiative, we are leveraging our existing portfolio of specialist marine insurance services to address this need.”

Poon, who has 16 years' experience in insurance broking, said: “I have spent the last decade specialising in marine cargo insurance for trade financiers and international commodity traders in Singapore and the region. I now look forward to using my experience and expertise to help similar companies in Hong Kong and elsewhere in Asia minimise their risk exposure in what's becoming an increasingly volatile market.”