Specialist Risk Group (SRG), the fast-growing specialist insurance intermediary, majority-owned by Warburg Pincus and Temasek, announces their launch in Asia Pacific, marking its expansion into the region. Based in Singapore, the premier insurance hub for Asia, SRG will follow closely the successful UK business model it is known for—a specialist, people and culture focussed insurance group with deep expertise in complex risk solutions.
The launch of SRG in Asia Pacific and the acquisition of HL Suntek is a pivotal moment in SRG’s journey of international growth. I have known Eng Thiam for more than 10 years and he has built an impressive and robust business in Singapore – the Asia insurance hub. We have great plans for building a business in Asia for Asia which is very much focused on local talent and local capability.
Warren Downey
Group CEO of Specialist Risk Group
To support the growth and strategic direction of SRG in Asia Pacific, SRG has appointed Chua Eng Leong as Non-Executive Director of its newly established subsidiary in Singapore. Eng Leong’s deep understanding of the intricacies of the Asian market and extensive leadership experience in the region make him a valuable asset to SRG’s expansion efforts. Eng Leong’s expertise will be critical as SRG navigates the complexities of building a people-focussed, specialist insurance business in Asia.
This expansion into Asia Pacific underscores SRG’s broader international strategy as it continues to grow its presence in key global markets, east of London, while maintaining its commitment to being a people and culture focussed, specialist insurance group.
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