SAIBUK Lead the Delegation of Young Chinese Financial System Officials to Visit Lloyd’s London(2018-6-6)

On May 25th 2018, As instructed, SAIBUK arranged and lead a visit to Lloyd’s London for the delegation of young Chinese financial system officials.

The delegation this time consisted of Middle-Level cadres from the People’s Bank of China, China’s Ministry of Finance, State Administration of Foreign Exchange, China Bank & Insurance Regulation Commission and the Silk Road Fund. Lloyd’s Market is the world’s center of special insurance and reinsurance. In 1688, it was originated in Edward Lloyd’s coffee shop alongside the river Thames in London, to provide insurance for the booming development of ship freight trade.

SAIBUK, as one of the first Chinese insurance brokers to be approved as a registered broker with Lloyd’s, is able to provide a more internationalized, market-oriented, and specialized service and a wider reinsurance channels for Chinese insurance market with its professional insurance brokerage services as well as the support of technology advantages and powerful underwriting ability of the Lloyd’s market. Since its establishment, SAIBUK has successfully received visitors from domestic financial and insurance industries. The company has shared its business management experience in the UK and advanced operation management modes of Lloyd’s to the guests and hope to promote mutual benefit and win-win results between China and the UK insurance market.