RFIB gains Hong Kong licence, names new CEO

Re/insurance broker RFIB Group has been approved to transact general insurance business in Hong Kong.

The company's Hong Kong subsidiary, which was incorporated in March this year, has been admitted as a member of the Hong Kong Confederation of Insurance Brokers.

RFIB Hong Kong will be led by Stephen Warwick as chief executive officer (CEO). He joined the business in February, and will continues in his role of CEO reinsurance, Asia Pacific for the group.

Warwick said: “Since incorporating the company in March of this year we are delighted that RFIB Hong Kong is now authorised to serve clients and markets as a full-service broker. We will have our Hong Kong team in place by the end of October and will continue to build our local resources to provide choice and expert services to the region, supported by the global RFIB Group.”

Group CEO Steven Beard added: “The successful establishment of RFIB Hong Kong is an important step in our strategy to building the leading independent broker in the fastest growing region in the world.”

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