Fenchurch law to ‘level playing field’ for policyholders in Singapore
Fenchurch Law, the leading UK law firm that works exclusively for insurance policyholders and brokers, will offer its specialist legal support outside of the UK for the first time, announcing plans for opening of a new office in Singapore.
The firm said that through its new hub, Fenchurch Law will be working with policyholders and brokers from across Singapore and the wider Asia-Pacific region to provide support on high value, complex, commercial insurance coverage disputes, as it has done in the London market since 2010.
The firm’s international expansion follows the recent announcement that it had transitioned to an employee-owned business model through the launch of an Employee Ownership Trust (EOT), which saw 60% of its shares awarded to its staff. Fenchurch Law will be the first EOT business to operate in Singapore.
Managing partner at Fenchurch Law David Pryce commented: “As a purpose-driven organisation, we exist in order to help level the playing field between policyholders and their insurers. This is a need that exists in all insurance markets around the world, and we’re delighted to be taking the first step in furthering our purpose internationally with the opening of our Singapore office.”