Asian reinsurer teams up with Aussie business to boost antipodean client base

Asian reinsurer teams up with Aussie business to boost antipodean client base

Asian reinsurer teams up with Aussie business to boost antipodean client base Sydney- based reinsurance consultancy MacquarRe is to help Hong Kong based reinsurer Peak Reinsurance develop its relationship with clients in Australia and New Zealand, under a new cooperation agreement.

MacquaRe director Simon Lyon will help PeakRe enhance its footprint in Australia and New Zealand, which are said to be “two priority markets for Peak Re”.

Chris Kershaw, Peak Re managing director -global Markets, said: “Peak Re has successfully entered the two markets since our launch at the end of 2012, and it is important for us to continue to build on that foundation and further strengthen our connections within these markets.

“This partnership with Simon Lyon and MacquarRe allows us to keep close contact with our current and potential clients, so we can better understand their needs, capture the opportunities available and grow together with them.”

Simon Lyon, director of MacquarRe, welcomed the agreement. He said: “We are very excited at the prospect of partnering with Peak Re in the ANZ space and reconnecting with clients and friends in the industry. It is an opportune time to work with a team of well-respected reinsurance professionals who have a long term goal in supporting the growth in the Asia Pacific region.”