SAIBUK visited Institute for Urban Risk Management of Tongji University and Lloyd’s China (2019-03-25)

On March 13, 2019, Deputy General Manager and Head of Reinsurance Broking of SAIBUK Mr. Nick Mayhew visited Institute for Urban Risk Management of Tongji University and Lloyd’s China, and he was received by dean of Institute for Urban Risk Management of Tongji University Mr. Sun Jianping and head of Lloyd’s China Mr. Li Lingmao.

During the visit to Institute for Urban Risk Management of Tongji University, SAIBUK introduced its recent development of SAIBUK and advantages in providing quality insurance brokerage services to Chinese and British companies with the convenience of Lloyd’s platform. Institute for Urban Risk Management of Tongji University elaborated Shanghai’s experience of urban risk management as a mega-city. The two sides discussed in depth the experiences and concepts of risk management in domestic and foreign cities.

During the subsequent visit to Lloyd’s China, SAIBUK and Lloyd’s China discussed in depth the development and supervision of reinsurance in China, the current situation and development trend of global reinsurance market, similarities and differences between reinsurance market of China and the UK, and some other frontier topics. At the same time, SAIBUK also communicated with several syndicates’ representatives of Lloyd’s.

In the critical period of China’s reinsurance reform and increasing demand for urban risk control, as the first Chinese insurance brokerage company obtained Lloyd’s registration, the first Chinese Insurance Broker Company that opened a subsidiary in the UK and council member of Institute for Urban Risk Management of Tongji University, SAIB will continue to steadily advance its professional advantages, to work hard for insurance development of Chinese and Britain, and to contribute to the steady operation and development of Shanghai as a national financial center.