CNA Hardy Announces Further Expansion in Asia Through Licensing Capabilities in Labuan
LONDON, 18 April 2018 CNA Hardy, a leading specialist commercial insurance provider for clients within the Lloyd's and company markets, is pleased to announce its continued expansion in Asia through enhanced capabilities to transact business in Labuan, Malaysia.
Principal Officer in Asia, Rob Hands, states:
"This is an incredibly exciting time in the expansion of our business across Asia. Having a presence in this international business and financial centre enables us to lay solid foundations for enduring relationships with our global clients and producers through an enhanced product and service offering."
"Our immediate focus in Malaysia will be on the same classes of business we offer through our Singapore office. These are: Property D&F and Treaty, Construction, Marine, Power Generation, Healthcare, Financial Lines and Casualty. We will also look to develop new lines of business as our experience in the market deepens."
Dave Brosnan, CEO, CNA Hardy added:
"Obtaining an enhanced licence to do business in Labuan is the most recent development in our ongoing strategy to build out our presence in Asia. We have been part of the Lloyd's China platform since 2016 and last year saw us add new products and capabilities to our hub in Singapore including: Healthcare, Life Science and Financial Lines whilst attracting significant talent to the organisation across both new and existing lines as well as claims. Asia is a strategic market for CNA Hardy and we are very pleased with how our business is developing here."
About CNA Hardy
CNA Hardy, acting through Hardy (Underwriting Agencies) Limited and CNA Insurance Company Limited, independent wholly-owned UK subsidiaries, are a leading specialist commercial insurance provider for clients within both the Lloyd's and company markets. For more information, please visit CNA Hardy at www.cnahardy.com.
CNA is the eighth largest commercial insurer in the United States. CNA provides a broad range of standard and specialized property and casualty insurance products and services for businesses and professionals in the U.S., Canada, Europe and Asia, backed by 120 years of experience and more than $45 billion of assets. For more information about CNA, visit our website at www.cna.com.
Follow CNA Hardy on: LinkedIn
Follow CNA on: Facebook | Twitter | LinkedIn | YouTube
CNA Insurance Company Limited (company registration number 950) and Hardy (Underwriting Agencies) Limited (company registration number 1264271) are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (firm reference number 202777 and 204843 respectively). CNA Services (UK) Limited (registered number 8836589). 'CNAHardy' is a trading name of CNA Insurance Company Limited and Hardy Underwriting Group PLC (which includes Hardy (Underwriting Agencies) Limited and Hardy Underwriting Asia PTE). VAT registration number 667557779.
The above companies are all registered in England with their registered office at 20 Fenchurch Street, London, EC3M 3BY.
Switchboard: +44 (0)20 7743 6800
Facsimile: +44 (0)20 7743 6801
Georgina Peters-Venzano - 02076454968 | 07739448121