MNK Group has launched a brand new unified model, which integrates its broking, MGA, and risk-taking entities to make sure a constant buyer expertise.
The brand new group web site (groupmnk.com) connects all underlying entities throughout the UK, Europe, North America, Latin America, Africa, the Center East, and the Far East.
The group’s specialist manufacturers embody MNK Worldwide, a Lloyd’s dealer previously referred to as MNK Re, which supplies reinsurance assist to purchasers in over 130 international locations from a number of world workplaces.
The brand new model additionally encompasses Specialty MGA, a community of MGAs with workplaces in London, Milan, Casablanca, and Texas, providing capability for specialty traces of enterprise and hard-to-place dangers.
MNK Seguros, an insurer primarily based in San Jose, Costa Rica, together with Mekong Re, a facultative and treaty reinsurance firm in Labuan, Malaysia, and Florida Re, a property/casualty re/insurer in Florida, additionally kind a part of the group.
With companies in fast-growing and dynamic markets worldwide, the brand new model represents the subsequent step in consolidating MNK Group’s progress, with quite a few revolutionary merchandise within the pipeline to assist their world purchasers.
London-based MNK Group mentioned it plans to proceed its progress by means of natural means in addition to by means of mergers and acquisitions (M&A). A number of M&A offers involving broking and insurance coverage carriers are within the pipeline and shall be introduced quickly.
“The launch of our new model represents MNK Group’s fast progress in recent times, offering a breadth of providers to purchasers throughout all sectors,” commented Manoj Kumar, chairman of MNK Group.
“As we transfer ahead collectively, our companies are unified by way of high quality of service and in offering tailor-made and revolutionary options to fulfill the distinctive wants of each consumer, agent, dealer, or underwriter. With our companies primarily based throughout the globe, our new model represents our world imaginative and prescient and our need to broaden additional,” Kumar mentioned.
“This 12 months, extra companies are set to be launched below the MNK household as we proceed to navigate evolving markets and develop our presence worldwide.”
Supply: MNK Group
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