The Hartford, a Connecticut-based P&C insurer, has launched a new service company in Singapore through its Lloyd’s Syndicate 1221. 

This move bolsters The Hartford’s foothold in Asia.  

Syndicate 1221 has been a fixture in Asia for more than 13 years with service companies already established in Hong Kong and Shanghai.  

Zhenghong Pan will spearhead the Singapore service company.  

Pan joined The Hartford in November 2024 from AXA XL, where he managed the financial lines portfolio and led a team of underwriters. 

He was also part of AXA XL’s Singapore Executive Committee. 

Syndicate 1221 is said to be a key player in The Hartford’s Global Specialty business, which delivers specialty insurance coverage to businesses across multiple industries.  

The syndicate’s specialised insurance and risk solutions comprise marine and energy, financial lines, casualty, and credit and political risks. 

The Hartford’s offerings include P&C insurance, group benefits and mutual funds.  

Hartford Underwriting Agency CEO and international head Carl Bach said: “Our new service company in Singapore broadens The Hartford’s reach across the Asia market and enhances our support to customers and brokers conducting business around the globe.  

“Our customers and brokers in Asia will have access to our growing team of specialised underwriters and claims personnel who possess a deep technical knowledge of the unique and complex risks placed in Singapore.” 

Hartford Underwriting Agency manages Syndicate 1221. 

Pan said: “It is an honour to lead The Hartford Singapore and further expand the company’s international reach. We aim to create an extraordinary experience for our brokers and customers, allowing them access to invaluable services such as our economic and geopolitical research team.” 

In October 2024, The Hartford partnered with Coalition to provide cyber insurance solutions in the UK.