IGI appoints Nick Garrity as CEO to drive growth in Asia
International General Insurance Holdings Limited (IGI), the international specialist commercial insurer and reinsurer, has announced the appointment of Nick Garrity to the role of Chief Executive Officer of IGI’s Labuan Branch. Nick will be based in the Kuala Lumpur office.
In his new role, Nick 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.
Nick has 28 years of experience in the international insurance and reinsurance industry and joins IGI from Swiss Re Corporate Solutions in Singapore, where he was Head of Sales, Asia Pacific. Prior to that, Nick was Strategic Customer and Broker Relationship Director at Royal Sun Alliance, also in Singapore. Nick has also held Chief Executive Officer and Chief Operating Officer roles at Lockton Companies. Before then, he was at Marsh, starting his career at Willis.
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, Chief Executive Officer 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.”
Nick 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.”
Established in 2001, International General Insurance (IGI) is a global privately-owned specialist commercial insurer and reinsurer. Our vision is to be the company of choice for clients and brokers through market-leading service and our reputation for stable management and capital security.
A diverse and highly experienced team of underwriters operates our office in London. We also have offices in Dubai, Amman, Casablanca and Kuala Lumpur.
Our diverse portfolio of specialty lines includes Energy, Property, Construction & Engineering, Ports & Terminals, Financial Institutions, Aviation, Professional Indemnity, Political Violence, Legal Expenses, D&O, Casualty, Forestry and Treaty Reinsurance.
Standard and Poor’s upgraded our financial strength rating to “A- “, with a Stable outlook. A.M. Best rated the company A- (Excellent), with a Positive outlook, stating, “the revised outlook reflects IGI’s consistent record of very strong operating performance and the continuous improvement in its enterprise risk management framework.”
We take pride in providing proactive claims management, coupled with open communication, leading to the efficient handling of claims. We endeavour to act fairly and honourably in our relations with clients and brokers.
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