Newline Group Expands in Asia

In an exciting development for the insurance sector, Newline Group has officially launched Newline Hong Kong Services, enhancing its footprint in the dynamic Asian market. This significant expansion signifies the company's dedication to meeting the diverse needs of clients across the region.

New Services Offered

The Hong Kong office will provide a full suite of products offered by Newline Asia, further strengthening the company’s position in the rapidly evolving financial landscape. Moreover, the appointment of Carson Choi as the head of financial risks practices marks a strategic addition to the team. Choi brings with him a wealth of experience from his tenure at Grandwood Insurance Brokers, AXA Hong Kong, HSBC, and Marsh, reinforcing Newline’s local expertise.

Leadership Perspectives

Newline Group’s journey in Asia began in 2007 with the establishment of its first office in Singapore. As the CEO Bob Pollock expressed, "I am pleased to see such an important market as Hong Kong added to our geographical footprint. This expansion is a testament to Newline's commitment to our broking partners, policyholders, and clients in Hong Kong, as we continue our strategy to provide top-notch local service and expertise."

Rachel Flynn, CEO of Newline Asia, echoed this sentiment, stating, "We are thrilled to welcome Carson to our team. His experience will be instrumental as he collaborates with our chief underwriting officer, Simon Moi, and the rest of the team in driving our business growth in the region." Flynn highlighted the importance of being locally present, as evidenced by Newline's existing teams in Shanghai, Singapore, Malaysia, and now Hong Kong.

Expansion in the UK

In addition to its expansion in Asia, Newline Group is also making waves in the UK, having launched its second regional office in Manchester in September 2024, to complement its Leeds office established in 2017.

Company Overview

Headquartered in London, Newline Group is a specialty insurance giant with a robust presence in over 80 countries. Operating through three main underwriting platforms—Newline Syndicate 1218 at Lloyd’s, Newline Insurance Company, and Newline Europe Versicherung—Newline specializes in international casualty, cargo, and specialty lines of business.

Future Prospects

With this latest development, Newline Group is not just expanding its reach but is also setting the stage for a more comprehensive service offering in one of the world's leading financial hubs. Stay tuned for more updates as Newline continues to grow and innovate in the global insurance market!