Reinsurance News

Ed announces professional and executive risk expansion into Jersey

29th May 2018 - Author: Charlie Wood

The Jersey Financial Services Commission has granted the global reinsurance, wholesale and speciality broker Ed with a license to carry out general insurance mediation business.

Ed broking logoThe broker had previously announced their 2017 expansion of professional and executive risk offering in the Channel Islands following its successful application for a commercial insurance intermediary license, granted by the Guernsey Financial Services Commission.

Nick Bachmann, Guernsey-based Divisional Director of Professional and Executive Risk at Ed, commented, “This license significantly strengthens our ability to expand our offering in the Channel Islands region and build upon our services to new and existing clients. Increasing our presence in offshore centres, and strengthening our abilities to service clients in these markets, is central to our growth strategy.”

Managing Director of Professional and Executive Risk at Ed, Paul Richards, added, “Nick has now established himself as a key member of the Professional & Executive Risk team at Ed. His local presence in the Channel Islands, combined with our team’s collective expertise and understanding of international financial markets, makes the region the perfect place for the expansion of our professional and executive risk offering.”

Print Friendly, PDF & Email

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous post:
Castel eyes European MGA growth with opening of Dutch branch

In a move which is expected to bolster plans for an expansion of operations in Europe post-Brexit, the club-style MGA...