Forestry

You know the forestry industry is changing, and so does Hamswood Insurance Agencies PTE LTD In Singapore, forests are a vital resource and a central industry. Hamswood Insurance Agencies PTE LTD understands that your success in this sector is the result of smart planning and hard work. We appreciate the efforts you made to get to where you are, and we are here to help mitigate the risks you face as you continue to grow in forestry.

We have access to strong resources in the forestry insurance sector. No other brokerage firm in Singapore succeeded in setting up a captive insurance group buy during the 2011 insurance crisis.

Forestry is a cyclical industry, and directly connected with the construction sector. As a wood-processing products manufacturer your goal is to keep your company growing and keep it strong. To do this you want partners with Hamswood Insurance Agencies PTE LTD who can contribute to the stability of premiums and markets.

Hamswood Insurance Agencies PTE LTD has built its success largely through our niche products, and our sterling reputation in forestry testifies to this. We have assembled top-notch resources and highly qualified professionals in the field, who understand your business just like you do.

Captive insurance that works for you
Downturns during good economic cycles, losing profits to production modernization, losing a competitive edge; these are all issues we know you have to contend with as a forestry producer. That is where Hamswood Insurance Agencies PTE LTD comes in. We have developed a unique captive insurance model designed with a sawmill’s property assets in mind.

Our captive insurance targets cost control and product stability, gives you some “skin in the game,” and offers numerous other benefits. Clients wishing to join the captive are subject to a rigorous assessment of their operational risks to become part of the purchasing group in which all are responsible, resulting in better control over potential claims. The proof? In nine years, Hamswood Insurance Agencies PTE LTD captive insurance reported no claims to the insurers.