2nd June 2019
International General Insurance Holdings Limited(IGI) has become a member and network partner of GBN Worldwide, the global insurance network of insurers, reinsurers, independent brokers and specialty suppliers.
The GBN Worldwide network will allow IGI to place business in over 140 countries, and transact international business anytime, anywhere and in every language. GBN will also provide access to markets across the world’s disparate regulatory regimes and adhere to compliance and service standards.
The partnership will support and enhance IGI’s clear and focused vision of growth in new and existing markets.
“This is a great opportunity for IGI to build its brand and distribution with a network of producers and cedants on an international scale,” said Adam Safwat, vp, Underwriting and Business Development. “GBN has developed a placing and trading platform that meets the London Market mandate for electronic placement, which will present significant opportunities to expand our global presence.
“IGI has established a platform for a truly global company, with offices in Dubai, London, Amman, Bermuda, Casablanca and Kuala Lumpur. This partnership with GBN will support our determined growth strategy of enhancing geographic platforms and expanding business lines and underwriting teams,” said . Safwat.
Jamil R. El Bahou, chairman of GBN Worldwide, added “We are delighted to welcome IGI to GBN Worldwide as a member and network partner. We look forward to working with the IGI team to help develop global distribution opportunities.”
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