Newline was founded in 1997 and specialises in underwriting financial lines and casualty (re)insurance through Lloyd’s Syndicate 1218. Our team of skilled underwriters and dedicated claims professionals have made Newline a recognised market leader.
The syndicate’s portfolio has always included business from the Asian region, but we decided to participate in Lloyd’s Asia to get closer to our clients to better understand their requirements and the local market.
Newline Asia Services Pte. Ltd. is wholly owned and supported by Odyssey Group Holdings, Inc. Odyssey Group is a leading worldwide underwriter of property and casualty reinsurance as well as speciality insurance. The company is rated ‘A’ (Excellent) by A.M. Best and ‘A-’ (Strong) by Standard & Poor’s.
Classes of business
Newline Asia commenced underwriting business in April 2007, and offers the same specialist financial lines and casualty products as the syndicate, namely:
- Professional indemnity
- Directors’ and officers’ liability
- Bankers’ blanket bond
- General liability including product liability
- Clinical trials
- Medical malpractice
- Specie / Fine Art
- Affinity and Special Risks
Each of these lines can be provided on a stand alone or a package basis enabling us to provide total liability solution for our clients.
Placing a risk with Lloyd's in Singapore
Lloyd's Asia Service Companies are able to trade with any broker and there is no requirement to use a Lloyd's broker.
If you are a broker and wish to place business with Lloyd's Asia Service Companies please view the class of business matrix here.