Ed expands professional, executive risk business into Jersey
Reinsurance, wholesale and specialty broker Ed has received a license to carry out general insurance mediation business by the Jersey Financial Services Commission.
In 2017, the broker announced its plan to expand professional and executive risk offering in the Channel Islands following a commercial insurance intermediary license granted by the Guernsey Financial Services Commission.
Nick Bachmann, divisional director of professional and executive risk at Ed, based in Guernsey said: “This license significantly strengthens our ability to expand our offering in the Channel Islands region and build upon our services to new and existing clients.
"Increasing our presence in offshore centres and strengthening our abilities to service clients in these markets, is central to our growth strategy.
Paul Richards, managing director of professional and executive risk at Ed said: “Nick has now established himself as a key member of the Professional & Executive Risk team at Ed. His local presence in the Channel Islands, combined with our team’s collective expertise and understanding of international financial markets, makes the region the perfect place for the expansion of our professional and executive risk offering.”
Make sure you are GDPR compliant and confirm your email address to keep getting our daily emails
More of today's news
Amazon leads $12m investment round in insurtech Acko
Swiss Re, SoftBank end investment negotiations
AmTrust go-private deal gets support from Glass Lewis
Brit grows professional liability unit with Hiscox, Hartford hires
Generali unveils new Luxembourg branch
GIC Re posts combined ratio of 104% in FY 2017
Castel opens in Amsterdam for European expansion
QBE sets up EU unit in Belgium
Concerns about pricing, reserves, interest rates weigh on P&C sector
