Marsh and INSIA form strategic partnership

| April 12, 2011 | 0 Comments

Insurance broker and risk adviser Marsh has announced that it has reached an agreement with INSIA a.s. (INSIA), the insurance broker network headquartered in Prague, to help promote the firm’s growth in the Czech Republic and other European countries.

As part of the agreement Marsh will acquire a 15% stake in INSIA, which has over 900 network partners in 175 offices in the Czech Republic and Slovakia.

INSIA is a market leader in commercial SME and personal lines and has a leading network membership in the Czech Republic and Slovakia.

Marsh is excited by its burgeoning partnership with INSIA, David Batchelor, CEO of Marsh Europe, Middle East and Africa, stated, which comes as part of the firm’s global strategic drive to enhance its presence in the SME segment.

INSIA’s chairman, Petr Marek, described the agreement between the two firms as a powerful strategic combination that will benefit INSIA’s network partners and clients.

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Category: Insurance News, Marsh News

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