QBE Asia has announced that its P&I operations in Singapore will take on the name of British Marine, beginning Jan. 1.
The move brings back the British Marine brand in Singapore, after QBE acquired the company in 2005. Founded in 1876, British Marine is one of the largest fixed P&I insurance providers, specialising in marine insurance for owners of small, medium-sized and specialist vessels.
QBE Asia’s P&I office in Singapore was established in 2013 to offer identical coverage to that offered by British Marine.
“Our office in Singapore has been in operation since 2013 and has developed a strong reputation in supporting the shipping sector throughout the region,” said Guy Pierpoint, portfolio manager of British Marine. “I am very pleased to announce that from Jan. 1, 2023, we will align the Singapore office under the British Marine name as a part of our global product alignment. Alongside colleagues in London, we will continue to strive to provide best in class security and service.”
“British Marine is a longstanding and well-established name, and the change reinforces our unified approach as a team,” said Kamel Tlili, head of P&I underwriting for British Marine in Asia. “We offer a leading alternative to the P&I clubs with comprehensive products, in-depth experience and the financial strength and security to deliver on our promises.”