Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, received the prestigious “Reinsurance Broker of the Year” Award at the 14th Asia Insurance Industry Awards jointly organized by Asia Insurance Review and The Review Worldwide Reinsurance magazines. This is the third consecutive year that Guy Carpenter has won this award.
In 2009, Guy Carpenter launched a number of “market firsts,” including the placement of the world’s first pure microreinsurance initiative in India, which protects five insurers for their shares of a government-sponsored critical illness program that covers 13 million low-income families.
Leveraging its global expertise to develop client-specific solutions, Guy Carpenter enhanced its suite of analytical tools for the Asia region. In addition to introducing the next generation of its award-winning portfolio management platform, i-aXs®, Guy Carpenter increased the number of clients across Asia Pacific who use MetaRisk®, the firm’s dynamic financial analysis tool.
James Nash, Regional CEO, Asia Pacific, stated “We are honored to have been named ‘Asia Reinsurance Broker of the Year’ three years in a row. The Asia Pacific region continues to present many exciting opportunities, and Guy Carpenter is committed to furthering the spread of reinsurance and risk management to support the local insurance sectors and economic growth throughout the region.”