Newline Group has set up Newline Hong Kong Services, marking a significant expansion of its operations in Asia.
The new office will offer the complete range of products of Newline Asia.
Carson Choi has joined the Newline team in Hong Kong from Grandwood Insurance Brokers as the head of financial risks practices.
Previously, Choi had stints at AXA Hong Kong, HSBC and Marsh.
Newline Group’s presence in Asia dates back to 2007 with the launch of its Singapore office.
Newline Group CEO Bob Pollock stated: “I am 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.”
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By GlobalDataNewline Asia CEO Rachel Flynn said: “We are delighted to have Carson on board. 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.”
In September 2024, Newline Group expanded in the UK with the launch of its second regional office in Manchester, following the establishment of a Leeds office in 2017.
Newline Group, headquartered in London, is a specialty insurance group that operates through three underwriting platforms – Newline Syndicate 1218 at Lloyd’s, Newline Insurance Company and Newline Europe Versicherung.
The company underwrites international casualty, cargo and specialty lines of business in more than 80 countries worldwide.