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MSIG USA Expands Political Risk Insurance in Asia

by Celia

MSIG USA has entered into a strategic partnership with its counterparts in Singapore and Hong Kong to broaden its political risk and trade credit insurance offerings in Asia. This collaboration combines MSIG USA’s strong underwriting capabilities with the regional market knowledge provided by MSIG Singapore and MSIG Hong Kong.

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Peter McKenna, CEO of MSIG USA, described the expansion as a pivotal move in providing customized risk management solutions to international businesses. Clemens Philippi, CEO of MSIG Asia, highlighted that the partnership is in line with the company’s regional growth strategy and will enhance its ability to deliver comprehensive risk solutions to clients.

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Dan Riordan, Head of Political Risk and Trade Credit at MSIG USA, further emphasized that this collaboration will allow the company to offer localized expertise, thereby better addressing the needs of multinational clients.

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