Monday, October 3, 2022
HomeInsuranceHSBC, Marsh prolong partnership | Insurance coverage Enterprise America

HSBC, Marsh prolong partnership | Insurance coverage Enterprise America

HSBC, Marsh extend partnership

HSBC has introduced that it has signed a brand new, five-year dealer settlement with Marsh. The settlement builds on a relationship that started in 2010.

The settlement covers seven markets – France, Hong Kong, mainland China, Mexico, Turkey, the UK and the US – on insurance coverage merchandise for corporates. Marsh will act as a dealer for insurance coverage merchandise – together with property, casualty, and different threat switch merchandise – by way of a referral mannequin wherein it sources merchandise from third-party suppliers to help the insurance coverage wants of HSBC industrial banking clients.

“Insurance coverage is a basic component of threat mitigation; it protects companies towards shocks and helps strong recoveries ought to an incident happen,” stated Chris Lay, CEO of Marsh UK & Eire. “We’re delighted to increase Marsh’s collaboration with HSBC as we proceed to work collectively to supply options to their clients globally.”

Learn subsequent: Marsh McLennan Company snaps up North Dakota agency

“We’re assured this settlement with Marsh will convey a extra complete suite of companies and merchandise to our clients and provide best-in-class insurance coverage options,” stated Eric Emore, international head of worldwide and partnerships at HSBC Life. “We’re excited to proceed and prolong our relationship.”



Please enter your comment!
Please enter your name here

Most Popular

Recent Comments