Hong Kong, 29 June 2016 – Latitude Brokers, the Hong Kong-based marine insurance specialist, have opened an office in Singapore, their second in Asia.
With the continued growth of the marine markets in Singapore as well as the Lloyd’s platform, the Singapore office is an essential step in Latitude’s growth strategy.
Charles D’Alton, Founding Partner and head of the Singapore office said: “We are very pleased to have received approval from the MAS and are excited to be at the centre of Singapore’s vibrant shipping and insurance market”.
Tom Fulford-Smith, Founding Partner, added: “We are very much looking forward to opening the office in Singapore and adding to the excellent client relationships we have built up in the region since we launched just over 18 months ago”.
Latitude Brokers Pte Ltd, a wholly owned subsidiary of Latitude Brokers Ltd Hong Kong, has been granted both a direct and reinsurance licence by the Monetary Authority of Singapore.
About Latitude Brokers
Latitude Brokers launched in September 2014 in Hong Kong and services clients predominantly in the Asia-Pacific region across the marine, offshore and global supply chain sectors. Latitude was set up by Tom Fulford-Smith, Vanessa Toucas, Andrew Brooker and Charles D’Alton. For more information visit www.latitudebrokers.com