The Lloyd’s Development Group (LDG) is seeking up to 25 insurance industry employees who work in Australia for a two-week professional development tour of four Asia-Pacific countries.

The tour, which will be held next year, will visit Singapore, Vietnam, South Korea and Hong Kong. It is being organised by Sydney-based LDG and is scheduled to run from October 25 to November 7.

The networking and learning experience is open to staff who work in Australia at an underwriting agency, (re)insurance company, syndicate service company, Lloyd’s or a (re)insurance broking firm. Entrants must be LDG members with less than 10 years' industry experience. An association with Lloyd’s is not required to apply and participate.

Applications close on December 13, and those who are successful will be advised by late January. The cost of $6000 must be covered by the applicant’s employer.

Participants will develop a working knowledge of the Asia-Pacific (re)insurance market, meeting with clients, brokers, underwriters, law firms, regulators, loss adjusters and Lloyd’s Asia. The tour will also include some visits to infrastructure sites and other places for claims case studies of major catastrophe and risk losses.

Those selected will meet prior to the tour to prepare a presentation. Participants must also research the firms and markets to be visited.

The LDG is a not-for-profit industry group working to provide targeted education and networking for early career brokers, underwriters and claims professionals in the Australian (re)insurance market founded in July 2016. For more information visit the website.