FP Marine Risks is expanding into Australia.
The Hong Kong-based broker will open a Melbourne office in April. The office will deal with business across Australasia.
Peter Sandall has been appointed general manager, Australia and New Zealand.
Sandall said: “I have known the FP Marine Risks team for many years and am truly excited to be joining them. This is particularly so given the recent changes in the Australian reinsurance market which have created a greater need for a marine broking specialist. We are looking forward to working with underwriters across this diverse market.”
Philip Bilney, executive director of FP Marine Risks, said: “We have been involved with the Australian and New Zealand markets for some time and a key part of our growth strategy is to strengthen that with a meaningful presence on the ground.”