Transfer establishes agency because the main reinsurance dealer in key area
World threat and reinsurance specialist Man Carpenter, a subsidiary of Marsh McLennan, has confirmed the profitable completion of its acquisition of Re Options, an impartial reinsurance dealer headquartered in Israel. The monetary phrases of the deal haven’t been disclosed.
Following the acquisition, Re Options has transitioned into Man Carpenter Israel. Asaf Grinstein, the previous CEO of Re Options, would be the CEO of the rebranded firm.
Since its institution in 2010, Re Options has constructed a powerful repute for its experience within the trade and its dedication to delivering progressive and client-centric options, together with an in depth vary of facultative reinsurance choices.
The combination of Re Options into Man Carpenter Israel positions the corporate because the main reinsurance dealer in Israel. It now presents a complete suite of capabilities, options, and advisory providers.
The deal, introduced in Might, permits Man Carpenter to supply its full array of reinsurance providers to purchasers in Israel, additional enhancing its presence and skill to serve the market successfully.
Man Carpenter additionally lately introduced a partnership with analytics supplier TNEDICCA to supply superior automotive analytics to its insurance coverage provider companions.
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