Marsh expands presence in China
Insurance broker and risk adviser Marsh has been given the go ahead by regulatory authorities in China to establish a branch office in Dalian, the biggest city in Liaoning province.
The new officer becomes the fifth Marsh China has outside of Beijing, and follows on from offices in Shanghai, Guangzhou, Chengdu and Hebei province.
The firm has been a trailblazer in the rising superpower, having acquired the first ever Wholly-Owned Foreign Enterprise (WOFE) insurance broking licence in January of last year.
Marsh China’s chief executive officer, Tony Lau, has stated that the new office will allow the firm to cater to clients in Liaoning province with a wide array of insurance broking and risk advisory services.
The new office will offer a combination of local knowledge coupled with the firm’s global expertise.
It has been nearly three decades since Marsh first began meeting the needs of China’s citizens on the mainland, and Lau has stated that going into the future Marsh China is intent on enabling its clientele to transform risk into opportunity in 2009 and beyond.
Category: Insurance News
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