GBN Worldwide has introduced GBN Risk Solutions (GBN RS), a London-based independent broker and Managing General Agent (MGA). This move is intended to expand international business for the network and its members by providing a way for risks to be placed in territories beyond traditional jurisdictions.
With a global network of over 10,000 insurance and risk management professionals in 150 countries, GBN RS is well-positioned to facilitate transactions for the wider insurance community. The network has strict standards to ensure its members adhere to the highest levels of corporate governance and compliance, which GBN RS promises to uphold in its operations.
GBN RS will initially focus on serving UK brokers engaged in international business and has plans to expand its services to Europe and the US in the future. Jamil Elbahou, Chairman of Silverbrook Holdings, the parent company of GBN Worldwide and ConnectUW Holdings Group, expressed excitement about the launch and emphasized the network’s growth over the past decade.
Elbahou stated, “Administering foreign insurance and reinsurance programs 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 programs internationally, both compliantly and seamlessly.” He reaffirmed the group’s commitment to providing exceptional services and capacity to broker partners in London and abroad.