Global insurance and reinsurance broker, RFIB Group Limited, has revealed that its Hong Kong subsidiary has been admitted as a member of the Hong Kong Confederation of Insurance Brokers, and has been approved to transact general insurance business.
Stephen Warwick, who joined RFIB in January of this year from Hong Kong-based reinsurer, Nine Merchants Re as Chief Executive Officer (CEO) of Reinsurance, Asia Pacific, has been announced as CEO of RFIB Hong Kong Limited.
At the same time, he will continue to serve as CEO of Reinsurance, Asia Pacific.
Commenting on his additional role and the authorisation of RFIB Hong Kong Limited, Warwick said: “Since incorporating the company in March of this year we are delighted that RFIB Hong Kong is now authorised to serve clients and markets as a full-service broker.
“We will have our Hong Kong team in place by the end of October and will continue to build our local resources to provide choice and expert services to the region, supported by the global RFIB Group.”
RFIB Group’s Chief Executive Officer (CEO), Steven Beard, added: “The successful establishment of RFIB Hong Kong is an important step in our strategy to building the leading independent broker in the fastest growing region in the world.”