Lombard International Group celebrates Five Years in Asia
Lombard International Group, a global leader in wealth and succession planning solutions for high net worth individuals, families and institutions, has announced the launch of a new website dedicated to the Asia market to coincide with the Group’s fifth anniversary in the region.
With offices in Hong Kong and Singapore, Asia is a strategic growth market for Lombard International Group where it provides banks, asset managers, wealth advisers and family offices with best-in-class wealth assurance solutions using Private Placement Life Insurance (PPLI). With growing demand in the region for comprehensive, robust and flexible wealth and estate planning, PPLI is increasingly recognised as being able to address the need to protect, preserve and pass on assets to future generations, across multiple jurisdictions, Lombard International said in a press release.
The launch of a dedicated website, catering specifically to Asia-based high net worth (HNW) and ultra-high net worth (UHNW) audiences, as well as private banks, family offices, wealth planners and brokers, was a natural progression for the Group. This new platform provides access to and information about the Group’s full product suite, and tailored, local service offerings. It also connects local partners and clients to the Group’s global network of 60+ technical experts and delivers timely, relevant industry news, thought leadership, events and corporate updates.
Led by Tammy Lu Tsui in the region, the Group is currently focused on expanding its distribution footprint, in parallel to continuing to further build and grow the Group’s existing brokerage businesses based in Hong Kong and Singapore.
Stuart Parkinson, Group Chief Executive Officer, Lombard International, said: “Asia is one of the world’s most dynamic and important epicentres of wealth. Positioning ourselves as the leading player in Asia’s PPLI market is at the top of our agenda, to continue to provide ultra-high net worth clients with tailored succession strategies that preserve, protect and pass on their family wealth. As a region, Asia is a key driver of our Group’s global growth strategy and we’re excited to launch this new region-specific platform across the major wealth hubs in Asia.”
Tammy Lu Tsui, CEO, Asia, Lombard International, said: “As part of our growth strategy, and to enhance our presence in Asia, our new Asia website will help to raise awareness about the relevance of PPLI solutions in terms of wealth and succession planning for ultra-high net worth Asian clients. It will provide our clients and partners with educational, thought-leadership driven industry and corporate news and act as a gateway to our technical and service teams, further facilitating and developing new relationships.”