Reinsurance News

Pro Global & Zass International partner to expand marine recoveries services

22nd June 2017 - Author: Staff Writer -

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Re/insurance consultancies Pro Global Insurance Solutions in Argentina (Pro) and Zass International in Germany have partnered to expand services in marine recoveries across Europe, Asia and the Far East regions.

Marine shipping reinsurance

The cooperation enables Pro to expand into Europe and the Far East, while Zass would benefit from improved access to the Latin and North American regions.

Artur Niemczewski, Chief Executive Officer of Pro, said he expects the partnership to improve Pro’s services to marine clients, who “will benefit from our expanded global network with professionals based locally throughout every region.”

Marine recoveries deal mostly with insurance claims related to cargo, and Neimczewski explained acting agents’ claims management services reduce re/insurers claims losses and thus help maintain profitable marine books of business.

“Effective marine recoveries services are vital for our clients as they allow insurers to base their profitability not only on accurate premiums calculation and risk management, but also on effective recoveries.”

“ZASS is now one of the leading international recovery agents acting worldwide and we believe this partnership will be of great mutual benefit to our clients,” Niemczewski commented.

Zass has 20 years of experience in servicing the shipping and insurance industry in collecting and recovering payments from third parties, and as a part of Pro Global, Pro Argentina boasts over 30 years’ insurance market experience.