Leading the delivery of Lloyd’s largest office outside the UK
We have successfully delivered a major new base in Singapore for insurance giant Lloyd’s – creating its largest hub outside the UK.
The offices – located in the brand new 40-storey CapitaGreen in the central business district – will house Lloyd’s specialist insurance underwriting platform, including 24 syndicates and over 380 people.
We have been responsible for the project and cost management of relocating Lloyd’s from Asia Square Tower 1 to the 75,000ft2 office space on interconnecting third, fourth and fifth floors at CapitaGreen.
Each of the 24 syndicates are separate businesses operating within the Lloyd’s insurance market. We have ensured the syndicates’ unique identities and individual requirements have been met in terms of joinery, fixtures and fitting, and corporate branding.
The project includes a shared communal meeting area on the fifth floor, with a coffee house and Japanese Zen garden.
We have a close relationship with Lloyd’s, having earlier this year delivered the fit out project for its new Dubai offices.
Brian Shuptrine, Director said:
“It has taken us just over a year to successfully relocate Lloyd’s into their new offices, which are 10,000ft2 larger than the previous premises.
“With clear and consistent communication, we’ve managed to overcome the challenges of meeting multiple stakeholder requirements while maintaining the Lloyd’s identity, and original project and design intent, within a very tight delivery programme.
“We held numerous workshops and one-on-one sessions with each stakeholder while managing and monitoring the programme and cost very closely.”
Jack Kent, head of Property Services for Lloyd’s, added:
“The relocation to larger offices has been seamless thanks to the expertise and experience of Turner & Townsend. It has been a complex job coordinating so many stakeholders and I was impressed with the professionalism of the team.
“The number of Lloyd’s syndicates and staff has increased significantly over the past few years as the Lloyd’s hub for Asia has grown and the extra office space now meets our requirements in this important growth region.”