Allianz Commercial appoints Hydor as Managing General Agent for Marine Liability Insurance in Asia Pacific

Hydor launches its new Comprehensive General Marine Liability Insurance Product in Partnership with Allianz Global Corporate & Specialty SE, Singapore Branch.Hydor Pte Ltd is pleased to announce the official launch of its General Marine Liability (GML) insurance product, following its appointment as Managing General Agent (MGA) by Allianz Global Corporate & Specialty SE (AGCS), Singapore Branch. This strategic collaboration marks a significant milestone in Hydor’s mission to provide specialist marine insurance solutions tailored to the dynamic needs of the Asia-Pacific maritime sector.Designed to meet the complex and evolving risks faced by Port & Terminal operators, Transport Operators, Marina Operators, Ship-Repairers, and Marine Professionals, the newly launched GML product provides a robust and flexible suite of coverages. Key protections include liabilities for loss and damage to cargo in care, custody, and control; third-party bodily injury and property damage; regulatory fines and penalties; and professional errors and omissions.In addition to core liability coverage, the policy also extends to Marine Property, Machinery, and Business Interruption risks—offering insureds a packaged solution under one policy form. Marine Liability and Property related risks are subject to individual USD 25 million limits providing assurance and financial strength backed by Allianz, one of the world’s leading corporate insurers.“Hydor is proud to partner with Allianz Global Corporate & Specialty SE, a name synonymous with global insurance excellence,” said Folkert Strengholt, CEO at Hydor. “With this appointment, we are combining Hydor’s local market insight and underwriting expertise with AGCS’s global strength and stability to deliver meaningful protection to maritime businesses across the region.”The launch comes amid a growing demand for tailored marine liability solutions in Asia, as regional port infrastructure, shipping services, and marine operations continue to expand in scale and complexity.The launch will be led by industry veteran Colin Fordham, based in Hydor’s Singapore office. With decades of experience in marine insurance, Mr. Fordham brings extensive expertise and proven leadership to support the successful execution of this strategic initiative across the Asia-Pacific region.Hydor’s new GML offering reinforces the company’s growing position as a trusted MGA focused on marine and specialty lines, committed to delivering underwriting excellence, responsive service, and market-leading solutions that align with the needs of today’s maritime stakeholders.For all enquiries, please contact: Colin Fordham, or Clara Mae Lim Hydor Pte Ltd Email: [email protected] Phone: +65 6231 8951 Website: Hydor.no