Specialist Risk Group (SRG) has launched its operations in the Asia Pacific and signed a definitive agreement to acquire HL Suntek Insurance Brokers.
Based in Singapore, SRG will closely follow its UK business model to build a strong regional presence, leveraging local expertise and a client-centric approach to serve local markets.
SRG has appointed Chua Eng Leong as non-executive director of its newly established subsidiary in Singapore.
Warren Downey, group CEO of SRG, comments: “The launch of SRG in Asia Pacific and the acquisition of HL Suntek is a pivotal moment in SRG’s journey of international growth.
“We have great plans for building a business in Asia for Asia which is very much focused on local talent and local capability.”
Lim Eng Thiam, managing director of HL Suntek, adds: “My team and I are excited to be joining the fast growing SRG. I have been with HL Suntek, which is part of the Hong Leong Holdings Group, for the majority of my career and I look forward to continuing to serve them in the future.”
