The first Howden operations in the Middle East was established in Dubai in 2008, when the company acquired a majority stake in local broking
company, European Insurance Brokers.
Over the past three year, fraudsters including a man who set up 133 fake policies, a teenage ghost broker who was sentenced to jail and a man who made PS59,000 from ghost broking
have been dealt with by the courts.
His strong background in insurance will be key to driving our growth strategy around risk and broking
, while his management vision and leadership will help set out our combined, wider offer in multiple markets," said Adam Garrard, Head of International, Willis Towers Watson.
Focusing on the insurance business, total revenues dropped 10.3 per cent to PS192.8million, but retail broking
profits climbed 4.7 per cent to PS70.9million following a robust performance from motor broking
Willis Towers Watson also has made several leadership appointments within its corporate risk and broking
(CRB) business: Toby Wemyss has been named global head of facultative business; Phillip Smaje has been appointed global head of broking
; Paul Monks has been named global head of affinity business; and Eric Joost has been appointed global head of property & casualty business.
"The best broking
company going forward is the company which understands their client behaviour well and on the go, and which is why business analytics play a very important role in letting us act on data points," said Rao.
What are your most critical responsibilities as the CMO of Angel Broking
Hong Kong: HSBC Holdings, Europe's biggest lender, is closing the unit that offers retail broking
and depository services in India as the bank focuses on expanding faster-growing operations.
Currently there are nine registered insurance brokers authorized to undertake the direct insurance broking
Marnix will enhance its treaty reinsurance broking
function in the cooperation with Cooper Gay and utilize Cooper Gay's strong relationship with western (re)insurers.
MUMBAI -- Market regulator Sebi partially modified its order of December 2, 2010 and allowed Ashika Stock Broking
to enroll new clients.
INVESTMENT manager Brewin Dolphin hopes the upcoming link-up of its Newcastle-based corporate broking
arm with Spanish firm N+1 will create an operation which is able to make waves across Europe.
Global Banking News-April 20, 2011--Yes Bank to launch broking
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Most recently, Karvy Stock Broking
Limited was awarded the 'Largest E-Broking House in India' at the prestigious Dun & Bradstreet - BSE Equity Broking
Employees of broking
houses faced some surprises, not pleasant, though.