MP Insurance Brokers & Honan Insurance Group Asia form partnership
Australian-headquartered broker Honan Insurance Group Asia (Honan) and Kuala Lumpur-headquartered MP Insurance Brokers have joined forces in a new business in the Malaysian broker insurance marketplace.
The new business will be called MP Honan Insurance Brokers and will be dedicated to providing clients with tailored insurance solutions to address and manage their individual and business risk protection needs.
Commenting on behalf of Honan, CEO Andrew Fluitsma said: “We are excited by the opportunity to partner with MP Insurance Brokers.
“The combination of their knowledge of the Malaysian marketplace combined with our global resources and access to World Broker Network (WBN) – the world’s largest structured network of independent local brokers – will give MP Honan Insurance Brokers significant capacity to offer an enhanced and broader service offering”.
Saw Kheng Lay, CEO of MP Insurance Brokers said: “Partnering with Honan was an easy undertaking as their approach to the provision of the highest standards of client service and managing risks strongly reflected and aligned with both our culture and core values.
“In addition, it’s an important step forward for our business and demonstration to clients of our commitment to delivering service and capacity by providing the latest personalised solutions to help them manage and address a wide range of risks in a rapidly changing and highly complex commercial environment.”
Saw Kheng Lay and Andrew Fluitsma added that the new partnership will be of immense benefit to Malaysian businesses through the provision of value-added benefits and competitive insurance solutions tailored to each client's individual business requirements.
“We are confident MP Honan Insurance Brokers will grow its presence in the Malaysian marketplace and look forward to realizing our strategic and growth aspirations,” they said.
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