Lloyd's of London (Asia) Pte Ltd

The world’s specialist insurance market. Also known as Lloyd's of London; is a market where members join together as syndicates to insure risks.

Lloyd’s is a market place and Singapore is home to more than 200 expert underwriters representing 22 syndicates. Lloyd’s has established itself as the leading marketplace for specialist insurance and reinsurance serving the Asia Pacific region.

Asia Pacific is the engine of the global economy and the most dynamic region in the world. However, it is the world’s most vulnerable region for natural catastrophes and its low levels of insurance leave its economies exposed. That is why our market’s underwriters combine their deep local insight with state-of-the-art modelling to respond to existing and emerging risks.

Every product and policy issued by a Lloyd’s underwriter is backed by the financial security and strong ratings Lloyd’s is known for globally.

By offering solutions to protect businesses and assets, and by championing local talent and decision-making, Lloyd’s seeks to continuously strengthen the Asian insurance market, build local resilience and develop a deeper risk management culture throughout the region.

Identifying Emerging Risks

Lloyd’s conducts leading edge research to identify and quantify risk.

In Singapore Lloyd’s has committed to becoming a Founding Partner of Cyber Risk Management Programme. CyRiM is a research programme led by the Monetary Authority of Singapore (MAS) that aims to foster an efficient cyber-risk insurance marketplace by developing cyber loss data and analytics, and engaging academic researchers, insurance professionals and IT security experts in research development. Lloyd’s is developing cyber scenarios using the expertise of our Emerging Risks team, in collaboration with Cambridge University.

Educational opportunities – Sharing our expertise and experience

Lloyd’s designs, develops, co-ordinates and delivers educational seminars and networking events for insurance professionals, brokers, and risk managers to encourage learning and development.

Every year, Lloyd’s hosts its flagship broker programme in Singapore where delegates from across the region gain first-hand experience with the industry’s top professionals.

For risk management professionals and corporate insurance buyers, Lloyd’s has partnered with the Pan-Asian Risk and Insurance Management Association (PARIMA) to deliver a series of masterclasses under the Lloyd’s-PARIMA Professional Development Programme.

Courtesy posting by NextLifeBook.com