Lloyd’s receives approval to open Liaison Office in South Korea
Lloyd’s received approval in July 2015 to establish a liaison office in Seoul, Korea.
Jin-Yung Sun, Lloyd’s first General Representative in South Korea, will head up the Liaison Office. In his role, he will gather information on the local market, represent Lloyd’s in discussions with local regulators, and build relationships for Lloyd’s in the Korean market.
As noted in our 23 February 2015 press release, Jin-Yung Sun has worked in the (re)insurance industry for 35 years as both an underwriter and a Lloyd’s broker. Jin-Yung is available to meet with market practitioners.