The latest update from Singapore for you, as SRG expand their operations;
Specialist Risk Group (SRG), one of the fastest-growing specialist insurance intermediaries globally, has formally launched its Asia Pacific operations, establishing a regional hub in Singapore. Backed by Warburg Pincus and Temasek, this move marks a significant milestone in SRG’s international growth journey.
To celebrate the launch, SRG hosted a dinner on the evening of 21 March 2025 at the Oriental Ballroom of the Mandarin Oriental, Singapore. The event was attended by approximately 250 guests, including clients, business partners, investors, and other key stakeholders from across the insurance and broader business community.
On stage from left to right: Mr Lim Eng Thiam, Chairman, Singapore; Mr Warren Downey, Group CEO; Mr Collin Yap, CEO, Asia Pacific; Mr Chua Eng Leong, Chairman, Asia Pacific; Mr Lee Anderson, Deputy Group CEO.
The expansion brings SRG’s proven model in the UK and Ireland – focused on complex risk, specialist expertise, and a people-first culture – to one of the world’s most dynamic insurance markets.
With Singapore as its base, SRG aims to build a broker that is in Asia Pacific for Asia Pacific. The business will focus on delivering bespoke solutions for difficult and hard-to-place risks, with an emphasis on specialty lines, complex property & casualty programmes and employee benefits.
Collin Yap, CEO Asia Pacific, said: “This launch marks SRG’s first step into Asia Pacific, and it’s a move we do not take lightly. Our vision is simple: To make SRG the go-to broker and risk advisor for hard-to-place risk – the ones you turn to when the risk is difficult, complex, and requires specialist expertise. We are building on SRG’s proven success in the UK and Ireland, taking that specialist mindset, and just as importantly, the entrepreneurial spirit and people-first culture, and bringing it into this region.”
Warren Downey, Group CEO, said: “When we launched SRG, our conviction was that there was a gap in the market for a people- and culture-focused specialist – a company where people would want to come, give their best, and build something of scale and relevance. Singapore was the obvious choice for our Asia Pacific base – a global hub in an increasingly complex world. And if Singapore was the natural choice, then Collin Yap was the natural leader. We share a vision to build a company we’re proud to tell our friends and families about – one grounded in decency, respect, and service.”
SRG’s Asia Pacific team is focused on delivering tailored solutions for the region’s most complex risks – backed by global expertise and driven by a deep understanding of local markets. The business is committed to building lasting relationships and creating an environment where specialist talent can thrive.
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