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PRESS CENTER

Marsh acquires Aalst-Based Trade Insure NV

New York, NY   |   Mittwoch, 07 Januar 2015

Marsh, a global leader in insurance broking and risk management, today announced that it has acquired Aalst-based Trade Insure NV, a leading distributor of credit insurance policies in Belgium. Terms of the transaction were not disclosed.

Founded in 1990, Trade Insure is focused mainly on the provision of trade credit insurance, a solution that can help to improve cash flow, reduce costs, lower borrowing rates and increase funding, as well as protect against bad debts. Starting January 2015, the combined entity will trade under the name of Marsh Trade Insure and include all members of Marsh’s existing trade credit team in Belgium as well as all colleagues from Trade Insure. The Aalst-based team will also serve clients through Marsh’s offices in Brussels, Antwerp, Roeselare, Liège and Luxembourg.

Flavio Piccolomini, CEO of Marsh Continental Europe, said: “I am delighted to welcome the experienced team from Trade Insure to Marsh. Trade Insure has developed a compelling credit insurance offering for both SME and multinational clients across Belgium. When combined with Marsh’s capabilities, we will be able to offer them world-class services and solutions.”

Luc Gillijns, Managing Director of Trade Insure NV, added: “This transaction is exciting news for both our clients and colleagues. Our clients will have access to a wider range of products and services and our colleagues will have enhanced career opportunities.”

Henri Steyaert, CEO of Marsh Belgium and Luxembourg, commented: “The combination of Trade Insure’s broad Belgian client base with Marsh’s regional and global capabilities will enable us to deliver an unparalleled range of solutions to clients in Belgium and abroad at a time when many of them are looking for the protection trade credit insurance can offer.”

As the leading trade credit insurance broker in the Belgian market, Marsh Trade Insure will be able to offer a broad range of insurance solutions and advisory services to clients. Alongside traditional insurance design, placement, and claims handling, it will provide specialty solutions for political risk and structured credit, as well as other services such as non-financial bonds.

Über Marsh

Marsh ist der weltweit führende Industrieversicherungsmakler und Risikoberater. Unsere rund 35.000 Mitarbeiter helfen mittelständischen Unternehmen und Konzernen aller Branchen in mehr als 130 Ländern mit innovativen Absicherungslösungen und Beratungsleistungen ihre Risiken erfolgreich zu managen. Für die Marsh GmbH sind in Deutschland über 700 Mitarbeiter an den Standorten Baden-Baden, Berlin, Detmold, Düsseldorf, Frankfurt, Hamburg, Leipzig, München, Saarbrücken, Stuttgart und Ulm tätig. 

Marsh ist Teil der Marsh & McLennan Companies (NYSE: MMC), einem weltweit führenden Beratungsunternehmen in den Bereichen Risiko, Strategie und Personal. Marsh & McLennan Companies hat einen Jahresumsatz von fast 17 Mrd. US-Dollar und beschäftigt rund 76.000 Mitarbeiter. Die vier Tochterunternehmen von MMC – Marsh, Guy Carpenter, Mercer und Oliver Wyman – unterstützen Kunden dabei, sich sicher in einem stetig dynamischer und komplexer werdenden Umfeld zu bewegen. Folgen Sie Marsh auf Twitter @MarshGlobal oder auf LinkedIn, Facebook und YouTube oder abonnieren Sie unseren Nachrichtenservice BRINK.