Richard Austen started his insurance and reinsurance career in Lloyd’s of London in 1972 working for the Lloyd’s broker Thompson Graham Ltd which later became Jardine Thompson Graham. He became actively involved in Asian reinsurance in 1974. His love for the region led him to move to Singapore in 1982 where he incorporated Singapore’s first regional specialist reinsurance broking business. Adopting Singapore and Asia as his home, over the years Richard has travelled extensively in Asia in pursuit of delivering reinsurance solution to clients. He has served on many Industry committees and spoken at numerous reinsurance conferences. After 30 years of insurance and reinsurance broking services in Asia with Jardines, in 2003 he joined A J Gallagher to develop their broking business in Asia.

Subsequently, with the global sale of Gallagher’s reinsurance operations, Richard led the local management team to complete a management buy-out and rebrand the company Asia Reinsurance Brokers Pte Ltd (ARB).“At ARB we have the financial strength and footprint to fulfill our goal of building the first International Asian reinsurance brokerage business. Our competitors are mostly American or British based groups, some are merging and we believe the time is right for us in Asia. We are grateful that our clients share our vision and have offered us their complete support and backing”. Richard is also Chairman of the Reinsurance Brokers Association (Singapore) and a member of the organizing committee of the Singapore International Reinsurance Conference