Latitude Brokers, the Hong Kong-based marine insurance specialist, has opened an office in Singapore, their second in Asia.
With the continued growth of the marine markets in Singapore as well as the Lloyd’s platform, the Singapore office is an essential step in Latitude’s growth strategy.
“We are very pleased to have received approval from the [Monetary Authority of Singapore] and are excited to be at the center of Singapore’s vibrant shipping and insurance market,” said Charles D’Alton, founding partner and head of the Singapore office.
Tom Fulford-Smith, founding partner, commented: “We are very much looking forward to opening the office in Singapore and adding to the excellent client relationships we have built up in the region since we launched just over 18 months ago.”
Latitude Brokers Pte Ltd., a wholly owned subsidiary of Latitude Brokers Ltd. Hong Kong, has been granted both a direct and reinsurance license by the Monetary Authority of Singapore.
About Latitude Brokers
Latitude Brokers launched in September 2014 in Hong Kong and services clients predominantly in the Asia-Pacific region across the marine, offshore and global supply chain sectors. Latitude was set up by Tom Fulford-Smith, Vanessa Toucas, Andrew Brooker and Charles D’Alton.
Related:
Latitude Brokers Completes Management Buyout of CGSC Stake
Topics Agencies New Markets
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