Labuan IBFC together with Etiqa Offshore Insurance (L) Ltd will host a masterclass entitled “Empowering Resilience: Labuan IBFC’s Strategic Risk Management for Corporates" on 31 October 2025 in Singapore.
In today’s increasingly complex and volatile business environment, resilience is not just desirable— it’s essential. This exclusive masterclass, jointly hosted by Labuan IBFC and Etiqa Offshore Insurance (L) Ltd, will explore how corporates can take greater control of their risk strategies through alternative solutions, including captive insurance via wholly owned or rent-a-captive structures. Participants will gain valuable insights into Labuan IBFC’s enabling regulatory framework, real-world applications linked to emerging risks such as climate change and cyber threats, and current market adoption trends across the APAC region.
As organisations across Asia face mounting challenges—from cyber incidents and climate-driven losses to rising employee-benefit costs and regulatory demands—this session will demonstrate how Labuan IBFC’s progressive framework for captive insurance and Protected Cell Companies (PCCs) helps regional multinationals turn risk management into a strategic advantage. It will provide practical guidance on how captives can respond effectively in crises, complement traditional insurance, bridge coverage gaps, manage cost pressures, support sustainability goals, and deliver governance, compliance, and tax efficiencies—all while being structured and optimised as smart tools to strengthen organisational resilience.
Join us as we bring together leading experts from the (re)insurance and captive services space, who will shed light on innovative strategies and opportunities tailored to meet your organisation’s risk management objectives.
Speakers
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Ahmed Farouk bin Aripen, Director of Acurra PCC Limited, Principal Officer and Director of Archipelago Insurance Limited
Ahmed Farouk bin Aripen, Director of Acurra PCC Limited, Principal Officer and Director of Archipelago Insurance Limited
Ahmed Farouk commenced his career in Sabah, Malaysia with the international audit firms Coopers & Lybrand and Ernst & Young. This was followed by a career in the construction & engineering industry as a Management Accountant. Thereafter he served in the medical industry as the Group Financial Controller. In 2002, he ventured into the Labuan insurance industry, serving at the Labuan branches of various international insurance entities.
In 2018, Ahmed Farouk joined the Archipelago Group, serving as the Principal Officer & Director of the PCC (Protected Cell Companies) and Group CFO. He was then promoted to Principal Officer & Director of Archipelago Insurance Limited. In his various capacities within the Labuan insurance industry, he has supervised teams and departments in accounting, business development advisory, underwriting, risk management and compliance as well as corporate governance functions. -
Idzuddin Zakaria, General Manager, Etiqa Offshore Insurance (L) Ltd
Idzuddin Zakaria, General Manager, Etiqa Offshore Insurance (L) Ltd
Idzuddin has held various role and positions from his notable career in the insurance industry. With more than 25 years of service in the mainstream insurance industry, his experience stretches across underwriting, insurance broking and reinsurance prior to joining Etiqa Offshore Insurance (L) Ltd.
Guided by substantive insights from his past practices, Idzuddin plays a pivotal role in Etiqa Offshore Insurance (L) Ltd in developing value captive propositions which includes providing counsel to business organizations who wish to venture into captives as part of their risk management milestone. -
Lawrence Bird, Captive Consulting Leader, Asia
Lawrence Bird, Captive Consulting Leader, Asia
Lawrence is in Marsh Asia’s Risk Advisory Practice and is responsible for helping clients establish new captives and ensuring clients with existing captives optimise the strategic risk financing benefits of their captives. He works primarily with the risk analytics team, the client service teams and the chief client officers.
Lawrence has been in the insurance industry for 38 years and with Marsh for 28 years, and has served in the captive insurance field for 25 years. He was in Guernsey for 7 years and then moved to Bermuda, where he spent 16 years and was the Head of Marsh’s captive operations. Lawrence moved to Singapore in 2022 and is now focused on creating new captives and growing existing captives for Asia clients.
Date :
31 October 2025
(Friday)
Time :
1000AM - 1215PM
Address :
Pan Pacific Singapore – Function: Ocean 4 & 5
7 Raffles Boulevard, Marina Square, Singapore
