Security in Flexibility

For more than 20 years, through economic times both stable and shaky, XL Insurance has been weaving strong safety nets for businesses around the world through solutions custom-made for every client in some 100 countries around the globe.

With its management and underwriting hub based in Singapore, XL Insurance offers a spectrum of insurance solutions to firms doing business in Asia and has risen to be one of the leading providers of Global Insurance Programmes.

The firm is currently lead insurer in roughly half of some 1,400 programmes where it is involved.

“As Asian companies continue to expand they face new and emerging risks. We offer tailor made solutions for their individual requirements, rather than trying to make the client fit into a ‘standard product,”’ says Andrew Vigar, XL Insurance’s Regional Manager for Asia.

“We thrive on finding solutions for clients’ complex risks, working closely with brokers to serve our mutual clients,” he says.

XL Insurance attributes its edge to its talented pool of local and international staff, all chosen for an exemplary record in under writing discipline, an effortless ability to work with a team and a practice that stands on unwavering commitment to industry ethics.

A key aspect in helping to develop a talent pool in Asia is through an internship programme the firm has been undertaking with a Chinese university.

“Because our reputation is largely based on our expertise, we place a high value on attracting and retaining top talent. We seek employees who bring commitment and integrity, which are key values for us,” Vigar says.

XL Insurance’s 3-year-old Singapore branch has helped establish the firm’s solid base in the region- one that has shown notable resilience despite the recent global economic turbulence.

“With Singapore’s role as an insurance hub firmly established, it provides us with an excellent vantage point from which to provide clients across the region with a range of products including Professional Indemnity, Marine, Construction, Energy and Property as well as Public and Products Liability and Fine Art & Specie cover,” Vigar says.