IGI hires former Swiss Re exec Garrity as Labuan CEO to push Asia

International General Insurance Holdings (IGI), the international specialist commercial insurer and reinsurer, has appointed Nick Garrity as chief executive of its Labuan Branch. He will be based in the Kuala Lumpur office.

Garrity joins IGI from Swiss Re Corporate Solutions in Singapore, where he was head of Sales, Asia Pacific. Prior to that, he was strategic customer and broker relationship director at Royal Sun Alliance, also in Singapore. He has also held CEO and COO roles at Lockton Companies. Before then, he was at Marsh, starting his career at Willis.

In his new role, Garrity will help strengthen the group’s offering in Asia Pacific, with a planned growth strategy from IGI’s Kuala Lumpur office, which will serve as the group’s hub, for expansion in the region.

Since the company’s inception in Amman, Jordan in 2001, IGI has expanded beyond the Middle East and North Africa region. Today, IGI now writes specialist commercial insurance and reinsurance in over 200 countries. Registered in the Dubai International Financial Centre, IGI has offices in London, Bermuda, Amman, Dubai, Kuala Lumpur and Casablanca.

“In Nick, IGI has identified a proven industry expert, who will be able to provide immediate strong leadership and strategic direction to the Group’s plans for growth in Asia,” said Wasef Jabsheh, CEO at IGI. “In the reinsurance space we have grown organically by attracting top talent, and Nick’s expertise in generating growth by creating and retaining high calibre teams in cross-cultural environments will be key to IGI further building scale in Asia.”

Garrity added: “IGI has a clear vision for growth on an international scale and in Asia. I’m looking forward to working with an outstanding team and helping IGI expand its profile in Asia and enhance its global and entrepreneurial operation.”

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