Bermuda-primarily based Artex risk answers* announced that
it has acquired Quest Holdings (Gibraltar) Ltd., the
biggest insurance supervisor in Gibraltar.
based in 2004, Quest focuses on imparting offerings to insurance
corporations in Gibraltar, which furnished the
capability to perform at some stage in the eu Union,
according to a announcement issued via Artex, which is a wholly owned,
autonomous subsidiary of Arthur J. Gallagher & Co. in Itasca,
ill.
“We had lengthy famous Quest’s leading role within the Gibraltar
coverage marketplace and their style and technique to commercial enterprise
makes them an excellent fit for Artex,” stated Nick Heys, CEO of Artex’s
international operations.
“We’re very glad to welcome Steve Quinn, leader govt officer
and founder of Quest, and his staff to the Artex circle of relatives,” stated
Heys.
“Quest strengthens us appreciably within the Gibraltarian
insurance market and brings specific understanding inside the united
kingdom motor arena,” stated David McManus,
president of Artex hazard solutions.
“similarly their broader ecu know-how and relationships will
help drive Artex’s worldwide growth and complement the current acquisitions of
Hexagon and Kane’s insurance control operations,” he stated.
“we are searching ahead to developing many new and
interesting possibilities with Steve and his wonderful group,” McManus
persisted.
* Artex risk solutions Inc., which makes a speciality of
captive management and opportunity threat packages, has more than 1,500
clients, thru over 1000 hazard bearing entities licensed in 27 domiciles and
almost four hundred employees. The agency’s website says it affords risk switch
solutions designed to in shape a client’s unique hazard control and economic goals.
No comments:
Post a Comment