GBN Risk Solutions will initially offer services to UK brokers with international business, with plans to expand to Europe and the US in future.
GBN Worldwide has announced the launch of GBN Risk Solutions, a London-based independent broker and MGA.
It said it would grow its international business for its network and its members, enabling the wider insurance community to place risks in territories outside their jurisdictions.
This will draw on the network’s more than 10,000 insurance and risk management professionals across 150 countries, the firm explained.
The company said GBN Risk Solutions will initially offer services to UK brokers with international business with plans to expand to Europe and the US in the future.
“We are excited to announce the launch of GBN Risk Solutions in the 10th year since GBN Worldwide first opened its doors,” said Jamil Elbahou, chairman of Silverbrook Holdings, the parent company of GBN Worldwide and the ConnectUW Holdings Group.
“During that time, it has grown to become one of the world’s largest insurance networks, transacting billions in US dollars in premium annually.
“Administering foreign insurance and reinsurance programmes can be challenging, and we are pleased to now be able to offer the network’s know-how to wholesale and retail brokers wishing to issue programmes internationally, both compliantly and seamlessly.
“The philosophy of our group remains central. We provide services and capacity to the broker partners we work with in London and abroad.”