New Singapore office for North P&I Club
The move is in part necessitated by the redevelopment of North’s previous Fuji Xerox Towers address and will see North’s Singapore team occupying new premises at Springleaf Tower, Anson Road.
The marine insurer, which celebrated its 160th anniversary in 2020, opened its Singapore office in 2007 and has since grown and developed the office as its regional hub. Asia members now account for 35% of North’s 248 million GT owned and chartered tonnage and the Singapore membership alone has grown from 6.7M GT in 2007 to 22.9M GT in 2021.
James Moran, North Director (Singapore) now leads a Singapore-based team that has grown to 22 staff with expertise spanning underwriting, P&I, loss prevention, and freight, demurrage and defence cover.
“This is an exciting time to be part of our team in Asia and we are looking forward to settling into our new office here in Singapore,” said James Moran.
“North’s focus continues to be enabling our members to trade with confidence and our team across Asia is aligned with this mission. On behalf of the team, I would like to take this opportunity to thank our membership for their continued support,” he added.