Rokstone has taken its first step into Asia Pacific with the launch of a new hub in Singapore, and at the centre is one of the most respected names in global marine insurance.
A launchpad into one of the world’s fastest-growing insurance regions, with a thriving maritime industry and a position as a global reinsurance hub, the Southeast Asian city-state offers a natural gateway to Asia and beyond.
Why Singapore is the Place to Start
Singapore’s strategic location and sophisticated insurance market made it a natural choice for our first hub in Asia, with timing also playing a crucial role. Rokstone’s careful market assessment identified marine as the ideal first portfolio from which to build our Singapore presence.
Chairman at Rokstone, James Potter, believes that Singapore provides the perfect entry point into the region. He said, “We looked at many lines and concluded marine is well-positioned for an MGA launch, both in terms of market demand and timing.”
Marine at the Heart of Regional Trade
A sector deeply tied to Asia’s economy and trade flows, Marine is one that still demands specialist expertise. Backed by a multi-year USD 25 million Lloyd’s capacity from Tokio Marine Kiln, the Singapore operation will initially focus on Marine Construction (Builders Risk), Cargo, Hull and Liability.
“This isn’t about launching everything all at once,” says Potter. “We are focused on building a niche, disciplined presence in the Asia Pacific region. We want to capture the most promising opportunities and deliver exceptional service backed by expertise and long-standing relationships.”
Our Marine portfolio focuses on the mid-market segment in the Asia Pacific region and initial key product lines will include:
Welcoming Ramachandran Radakrishnan to Rokstone
The Singapore portfolio will be supported by a highly experienced team, positioning Rokstone as a lead market capable of delivering real value to clients. The approach combines rigorous underwriting discipline with a deep understanding of client needs, ensuring both profitable growth and portfolio optimisation.
Helping to create one of the most experienced teams in the marine space, Rama brings more than 40 years of experience across some of the world’s leading insurance companies, including QBE, Swiss Re, Argo Underwriting and Asia Capital Re. Recognised by Lloyd’s List as one of the most influential figures in global marine insurance, Rama is widely regarded as one of the most prominent figures in the field.
“Rama is a ‘rokstar',” Potter says. “He is one of the most influential leaders in the marine market. Quite simply, we would not have opened this operation without him. We conducted extensive due diligence to find the perfect partner to build this portfolio, and only the best would do.”
Building the Team
Joining Rama in the expansion of our Asia Pacific marine operation are two highly experienced senior underwriters. Sharon Seah brings more than 35 years of experience in marine underwriting and broking, having held senior positions at RSA, LCH and more. Sharon joins Rokstone as Director, Senior Underwriter, Marine.
In addition, Hui Ling has been appointed Director, Senior Underwriter, Marine, having previously served as Country Lead, Marine Hull and Liabilities at QBE Insurance Singapore. Hui brings 30 years of marine insurance expertise, having spent 10 years at QBE and 13 years at HSBC Insurance (Singapore).
Both Sharon and Hui are widely respected in the Singapore market for their disciplined underwriting, technical expertise and leadership credentials. Collectively, Rama, Sharon and Hui bring more than a century of experience to the Asia Pacific marine sector.
With Singapore as the gateway, Marine as the anchor and Rama as the captain, Rokstone is bringing something new to Asia Pacific: a disciplined, specialist approach backed by world-class expertise. It is a combination that sets us apart and positions us to redefine what clients can expect from the marine market in the region.
