Reinsurance News

SGIS Group approved as Lloyd’s registered broker

4th February 2026 - Author: Saumya Jain -

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Simon Global Insurance Services Group (SGIS Group), a premier insurance brokerage platform, secured approval as a Lloyd’s registered broker on January 30th, 2026.

Lloyd's logoThe approval was facilitated through its subsidiary SGIS Malaysia Ltd., but as noted by the firm, this development elevates the entire group into an “elite circle of global brokerages” authorised to negotiate and place risks directly with underwriters at Lloyd’s, the world’s oldest insurance and reinsurance marketplace.

As a Lloyd’s broker, SGIS Group now has a direct pipeline to unparalleled underwriting expertise and specialist insurance capacity, enhancing its ability to manage complex, high-stakes risks across various sectors.

Some of the sectors the group plans to work in are Financial Lines & Specialty Casualty, Cyber & Political Risks, Professional Indemnity, Property & Engineering, and Marine & Specialty Solutions.

Through this entry, the group aims to design more sophisticated, bespoke insurance programmes and source capacity more efficiently by directly engaging with the Lloyd’s market.

Simon Oh, Founder and Chief Executive Officer, SGIS Group, commented, “Becoming a Lloyd’s broker is a major achievement that reflects the strength of our governance and our technical expertise.

“This direct engagement with the Lloyd’s market allows us to deepen our commitment to international markets and deliver significantly enhanced value to our clients and business partners worldwide.”