Oneglobal Broking has announced a partnership with Mitsui Bussan Pana Harrison (MBPH) in Taiwan.
MBPH is a Singapore-based specialist re/insurance broker with a focus on providing a total risk management solution to its clients.
Established in 1980, MBPH became a Lloyd’s London registered broker in 2009.
Oneglobal suggests that the partnership will further develop its footprint in Asia while also strengthening its strategy in the region.
“The joining up of Oneglobal and MBPH is an innovative solution to the challenging market outlook faced by the clients in the Asia market,” Oneglobal said.
Jonathan Palmer-Brown, Chairman of Oneglobal, commented, “We’re thrilled to have partnered with MBPH in Taiwan on such a targeted initiative that will provide our clients with alternative risk transfer solutions.
“We look forward to continuing to develop our Asia operation with Huichih and MBPH and offering our clients with united and simplified operations.”
Ryuhei Ota, General Manager of the Insurance Business Department of Mitsui & Co, said, “We’re so excited to be partnering with Oneglobal.
“As a group, MBPH continue to develop a one-stop advisory centre for our clients across Asia and internationally.
“Oneglobal’s proposition and dedication to clients has always been one that stood out to us, and we are proud to be partnering with such a specialist and client-focused group.”
In related news, Oneglobal recently announced a host of changes to its senior leadership team, including the promotions of Roger Spicer to CEO, Global Specialty, Sirikit Oh to CEO, OGB Asia, and Phil Gingell to Chairman and CEO, US Aviation.
Luca Garbarino was also promoted to Executive Director, Group Deputy Chairman, while David Lum was promoted to Chairman, OGB Asia.
At the time, Mike Reynolds, Group CEO of Oneglobal, said, “I am delighted to announce these changes today, which substantially strengthen the leadership team of Oneglobal, reflecting the rapid growth and the increasingly important contribution of our international operations alongside our deep London Specialty expertise.
“We are proud that so many talented colleagues have joined Oneglobal in the last three years, and we remain hugely excited by the opportunity to continue building a truly global, client-focused, specialty insurance and reinsurance broker.”