Standard Club strengthens presence in Asia-Pacific

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 appointments in Hong Kong aimed at strengthening support for members and partners in the region and to bolster business development. The company has partnerships with Ping An, Tokio Marine and Korea P&I Club in the region.

Standard has appointed its current managing director for Ireland Robert Drummond (pictured) as group commercial director. Based in Hong Kong, 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 (2005-2010).

To support its business in Greater China, the club has recruited a marine surveyor and an additional underwriter to join its Hong Kong team, to help enhance the service to members and assist in the development of the club’s facility with Chinese insurer Ping An.

The club said the move signals its long-term commitment to the North Asia and Greater China 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, chief executive officer of Standard Club.

“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.”

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