Britannia P&I Club has been granted a licence to underwrite business from its Singapore branch, the Club said in a statement.
The licence was granted on 25 January by the Monetary Authority of Singapore (MAS) and follows the recent positive news of Britannia’s Hong Kong branch also receiving its underwriting licence from Hong Kong’s Insurance Authority.
The Singapore office will look after Britannia’s members in ASEAN, India and Australasia. It will also assist where required with all members’ claims arising in the ASEAN region, in association with Britannia’s local port correspondents.
Chinese language websites
To further support service delivery in Asia, Britannia has launched two Chinese language microsites.
The two microsites, one in simplified and the other in traditional Chinese characters, can be accessed from Britannia’s main website at www.britanniapandi.com by selecting the appropriate language option. These two new microsites follow the launch of the Club’s Japanese website last year.
Britannia’s Asian members account for nearly 50% of the Club’s business, said Mr Andrew Cutler, CEO of Britannia and the Managers.
"In addition, our focus on Asia has been further enhanced with the launch of the two Chinese language microsites, which will benefit greatly our members in the region. The microsites will also support our regional hubs in Hong Kong, Japan and Singapore by reinforcing our strategy of providing members with a personalised service in their local area, backed by a global presence in the market," he added.
Britannia was established in 1855.