Saturday, October 28, 2006

BVI Leading Insurance Broker Joins HLA Global

The Belmont Risk Solutions Limited agency has released a bulletin where informed about its joining to the HLA Global insurance broking network. Belmont Group is incorporated in the British Virgin Islands and offers wide range of insurance-related services and products. The spheres of activities of the company include also captive management and reinsurance activities, as well as intermediary services for the BVI residents and businesses. Belmont Insurance Management Limited, the sister company of Belmont Risk Solutions Limited, holds under its management over 90 captive insurance and reinsurance companies of the BVI region.

The head of Belmont Group is Simon Owen – an investment and insurance specialist who has worked in the finance industry for over 13 years. He acts as the Managing Director of Belmont Risk Solutions Limited and Chariman of the British Virgin Islands Association of Insurance Managers. He is also member of the British Virgin Islands Marketing Advisory Committee, the Financial Services Institute Advisory Committee and the Joint Anti-Money Laundering Coordination Committee. Commenting on company's joining HLA Global, Mr. Owen stated that membership in such a strong and established broking network and 'affiliation with leading international firms such as Heath Lambert and Acordia' can bring a lot of benefits to their clients based in the BVI and overseas.

By words of Chief Operation Officer of HLA Grahame Weatherley, Belmont is 'a strong partner in the British Virgin Islands whose local knowledge and insight will enable HLA Global members around the world to meet the needs of those of their clients with a requirement for service and support in this important territory.'

The HLA Global, which was founded in 1997, is now represented in more than 60 countries. Its main partners are the UK-based Heath Lambert Group, and Acordia Inc., which is the largest bank-affiliated insurance broker in the U.S. These leading insurance broking companies, together with other partners, make up the HLA Global network with more than 6,000 people employed and US$1.5 billion in brokerage revenue a year.

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