Marine insurer NorthStandard has officially opened its new headquarters in Asia, a Singapore office located in the expanded and fully refurbished premises at the former North address in Springleaf Tower, Anson Road. The establishment of this single office marks the completion of the insurer’s top priority following the merger between North P&I and The Standard Club into a single entity on Feb. 20.
The consolidated office is led by David Roberts, former managing director for The Standard Club, and James Moran, former director for North P&I in Singapore. Roberts has been appointed head of Asia Pacific, with the insurer identifying continuity of customer relationships as its priority in this region.
“Singapore’s maritime industries are accustomed to hearing about the benefits of scale, but we are also fully aware that members and brokers put the highest value on the relationships we have with them. We have acted at pace to launch NorthStandard in Singapore to confirm our commitment to continuity of service in Asia delivered by our combined team,” Roberts said in a news release.
NorthStandard touts its expertise in prevention, claims, FD&D and underwriting in the region as its primary contribution to enhancing safety, sustainability, and security in the marine sector of the country. The new consolidated office will provide a basis for a regionally led response from the insurer to the challenges facing the industry, including decarbonisation, digitalisation, regulation, and recruitment.
Moran, who was named chief operating officer and head of P&I claims for Asia Pacific, said that this diversification provides a strong path for the growth of NorthStandard from Singapore.
“Both North and Standard Club built their businesses on service excellence, but even in the first months post-merger, we are seeing how – together – NorthStandard is something even better,” Moran said.
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