Specialist marine and energy insurer Standard Club is expanding its presence in the Asia-Pacific region with some key appointments and an enhanced suite of services.
These include the launch of the Coastal & Inland class in Asia and three significant appointments in Hong Kong aimed at strengthening support for members and partners in the region and to bolster business development.
Standard’s current managing director for Ireland, Robert Drummond has been appointed as Group Commercial Director and will be based in Hong Kong from where he will lead the club’s commercial development in the region.
Drummond has worked in various senior roles in his 37-year career at the club, including his previous role as Head of Standard Asia from 2005 to 2010.
To support its expanding business in Greater China, the club has also recruited a marine surveyor and an additional underwriter to join its Hong Kong team.
Additionally, to improve communications for Asian members and brokers, Standard Club has launched a Japanese hub within the club website and a Mandarin language hub is currently being developed.
And the launch of a Coastal & Inland class in Asia has been scheduled for February 2022, which will provide specialist cover to commercial coastal vessels – typically up to 10,000gt – operating in harbours and coastal areas.
The rollout of this class will initially be focused on the Singapore, Hong Kong, Indonesian and Thai markets.
“The Asia-Pacific region continues to power ahead. We are proud to be able to support its growth from our world-class marine and energy insurance platform based out of Singapore and Hong Kong offering a diverse range of products, with local decision-making authority,” said Jeremy Grose, Standard Club CEO.
“We are building on our long-standing regional presence and products by introducing our Coastal & Inland class into Asia early next year and growing existing products such as Strike and Delay, whilst developing our team and enhancing communications with members.”
