Additional information


en			ru			jp

Finance Lounge

Add privatebanking.com as a search provider to your browser

Advanced Search

Private Banking & Wealth Management search tool

Search entity

MAI Georgia Insurance Brokers Ltd

Back

Review Avg.
Reviews:	0

Contact Page

Additional information

Write Review

Browse Review

Additional information

MAI Georgia Insurance Brokers Ltd

Overview:

Georgia – Flying High
MAI enjoys an almost unique position in Georgia, being one of only two firms of international insurance brokers present in the market and leads with the ability to facilitate both insurance and reinsurance programmes.

The market has seen many changes in the last five years. Historically it has been very strongly insurer-led, with brokers not being widely used, or restricted to motor insurance lines.

However, the arrival of more western-style insurance companies, for example Vienna Insurance Group taking over two well-established local carriers, has created opportunities for us to share our expertise and provide a higher level of service to our clients.

Investment drives progress

The inflow of foreign investment to Georgia has been a significant factor in changing the market landscape. MAI has developed a very strong portfolio covering the aviation and hotel industries, and is now the recognised leader in providing insurance to those sectors.

The expansion of Georgia as a major transit corridor through ports and pipelines is also driving a number of infrastructure projects, where MAI’s expertise provides strong benefits to investors and construction companies.

Reassuring carriers

Until recently the capacity of local insurers has been adequate for the country’s needs, but inward investment and changes in the insurance landscape means that the market is now demanding new classes of cover, with wider terms and much higher limits than previously needed.

MAI has been particularly helpful to a number of carriers in arranging reinsurance across a number of classes, including a very complex PI deal that called for highly specialised expertise and used our contacts in the London market.

Back

Privatebanking.com

Get the attention you always wanted and promote your corporate image and standing by benefiting from our state of the art interactive web presence.

Ascent Limited

Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.

©	Copyright by PRIVATE BANKING.COM 2002- - All rights reserved.