Specialist Risk Group (SRG), a prominent London-based insurance intermediary, has recently unveiled the establishment of a new team within its International division. This team is specifically tasked with assisting global clients and brokers in securing insurance programs for UK subsidiaries of overseas corporations. The primary objective of this initiative is to provide these entities with enhanced access to the UK insurance market and London’s insurance capacity.
According to a report by Insurance Journal, SRG’s new team will work closely with international clients and brokers to navigate the complexities of the UK insurance landscape and facilitate the placement of insurance programs for their UK-based operations. This strategic move underscores SRG’s commitment to offering tailored insurance solutions to a diverse range of clients operating in the global marketplace.
In a statement to The Fintech Times, Chairman Naser Taher of MultiBank Group highlighted the significance of this development in bridging the financial markets of the BRICS (Brazil, Russia, India, China, South Africa) and GCC (Gulf Cooperation Council) blocs. The launch of a new ECN platform by MultiBank Group aims to facilitate seamless connectivity and enhance financial transactions between these two influential regions, fostering greater economic cooperation and investment opportunities.
ReinsuranceNe.ws further elaborated on SRG’s endeavor to provide dedicated support to global clients and brokers with UK subsidiaries, leveraging its expertise and network within the London Market to optimize insurance placements and coverage options. By establishing a specialized team focused on serving the insurance needs of overseas corporates operating in the UK, SRG aims to streamline the insurance process and deliver value-added services to its international clientele.
The creation of this international team by SRG signifies a strategic response to the evolving needs of multinational businesses seeking comprehensive insurance solutions for their UK-based operations. By leveraging its industry expertise and market insights, SRG is well-positioned to facilitate smoother access to the UK insurance market, enabling clients to navigate regulatory requirements and secure optimal insurance coverage for their operations.
In conclusion, Specialist Risk Group’s launch of an international team dedicated to serving global clients with UK subsidiaries reflects a proactive approach to addressing the insurance needs of multinational corporations. This initiative not only enhances access to the UK insurance market but also underscores SRG’s commitment to delivering tailored insurance solutions that meet the evolving demands of a globalized business environment.
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References:
1. Insurance Journal: https://www.insurancejournal.com/news/international/2025/10/08/843057.htm
2. The Fintech Times: https://thefintechtimes.com/multibank-group-launches-ecn-platform-to-bridge-brics-and-gcc-financial-markets/
3. ReinsuranceNe.ws: https://www.reinsurancene.ws/srg-launches-new-team-to-serve-global-clients-brokers-with-uk-subsidiaries/
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