Brokerslink expands shareholder base with private stock offering

Broking and risk management company Brokerslink has completed a private stock offering that it said broadens its shareholder base and investment to support the continued growth its business.

Brokerslink now has a base of 55 shareholders from 40 countries, raising the capital needed to support the continued expansion of its client support capabilities.

The capital increase follows Brokerslink’s incorporation as a for-profit global broking company last year which was initially capitalised by MDS, Crystal & Company, Filhet-Allard, Nova and Cooper Gay Swett & Crawford (now Ed Broking).

José Manuel Fonseca, chief executive officer, said: “The completion of this investment process has created a unique and powerful collaboration. We have restructured, invested in the technology and resources to foster growth backed by a strong management and delivery team. The creation of a diverse shareholder base will now enable us to focus on winning business and demonstrating our unique capabilities and strengths to the global insurance market and clients.

“For a number of new shareholders, this is the first time they have made such an investment. This reflects our aim to not only enable the individual firms to access global business opportunities but also our desire to support their development and maintain their independence through active involvement in the growth of Brokerslink.”