The PICC Group's Hong Kong unit --The People's Insurance Company of China (Hong Kong) [PICC HK] -- has established an insurance broker in the territory, after obtaining approval for a broking licence earlier this year.
Insurance brokers are betting on e-marketing to expand their customer base, including reaching out to new customer segments.
Chedid Capital Holding has announced that its subsidiary, Chedid Insurance Brokers Egypt, has received a licence to start operations in Cairo.
The supervision of the insurance intermediary sector has intensified this year. The authorities in several insurance markets in China, such as Shenzhen, Heilongjiang and Hubei, have issued directives ordering the cleaning up of the insurance intermediary sector.
BMS, a London-based independent specialist insurance and reinsurance broker, has announced the acquisition of SRG Group, an Australian corporate retail broker with operations in Perth and Queensland.
Tian Ruixiang Holdings (TIRX), a China-based insurance broker, has announced that it has a written notification from the Nasdaq Stock Market on 31 May 2022.
Howden Group Holdings, a leading international insurance intermediary group, yesterday announces the acquisition of TigerRisk Partners, a risk, capital and strategic advisor to the global insurance and reinsurance industry.
The top five jobs in the Australian insurance field which employers want to fill are those of claims assessors, SME underwriters, contact centre agents, brokers and technical claims managers, according to a report by the recruitment specialist Hays.
The top 20 insurance broking groups worldwide are believed to have controlled 50.6% of overall global broking fees and commissions in 2021 (2020: 52.3%), according to the latest rankings and analyses updated by Insuramore, a provider of marketing services and related consultancy with a primary focus on the insurance sector.
Beijing-headquartered electric vehicle (EV) manufacturer Li Auto has become the new shareholder of Yinjian Insurance Brokerage with a 100% stake.