Reinsurance News

Newline expands operations in Hong Kong

17th December 2024 - Author: Kassandra Jimenez-Sanchez -

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Specialty insurer Newline Group (Newline) has expanded its operations in Asia with the establishment of Newline Hong Kong Services Limited, appointing Carson Choi as Head of Financial Lines.

Newline GroupThe company has had a presence in Asia since 2007, when it opened its Singapore office. The Hong Kong office will offer the full range of products offered by Newline Asia.

Bob Pollock, Newline Group CEO, stated: “I’m pleased to see an important market such as Hong Kong added to our geographical footprint. This expansion demonstrates Newline’s commitment to our broking partners, insureds and cedants in Hong Kong, and continues our ongoing strategy of providing local expertise and service.”

Choi, who brings with him a wealth of experience, is joining Newline’s Hong Kong office from Grandwood Insurance Brokers Limited, where he most recently served as head of financial risks practices.

Prior to Grandwood, Choi held various positions with AXA Hong Kong, HSBC and Marsh.

We are delighted to have Carson on board,” said Rachel Flynn, CEO of Newline Asia. “He will be working closely with our Chief Underwriting Officer, Simon Moi, and the rest of the team to further develop our business in the region.”

Flynn added: “With underwriters on the ground in Shanghai, Singapore, Malaysia and now Hong Kong, our commitment to our markets is evident.”