IGI joins GBN Worldwide’s global insurance and reinsurance network
International General Insurance Holdings Limited (IGI), the international specialist commercial insurer and reinsurer, has become a member and network partner of GBN Worldwide, the global insurance network of insurers, reinsurers, independent brokers and specialty suppliers.
The GBN Worldwide network will allow IGI to place business in over 140 countries, and transact international business anytime, anywhere and in every language. GBN will also provide access to markets across the world’s disparate regulatory regimes and adhere to compliance and service standards.
The partnership will support and enhance IGI’s clear and focused vision of growth in new and existing markets.
“This is a great opportunity for IGI to build its brand and distribution with a network of producers and cedants on an international scale,” said Adam Safwat, Vice President, Underwriting and Business Development. “GBN has developed a placing and trading platform that meets the London Market mandate for electronic placement, which will present significant opportunities to expand our global presence.
“IGI has established a platform for a truly global company, with offices in Dubai, London, Amman, Bermuda, Casablanca and Kuala Lumpur. This partnership with GBN will support our determined growth strategy of enhancing geographic platforms and expanding business lines and underwriting teams,” said Mr. Safwat.
Jamil R. El Bahou, Chairman of GBN Worldwide, added: “We are delighted to welcome IGI to GBN Worldwide as a member and network partner. We look forward to working with the IGI team to help develop global distribution opportunities.”
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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