HONG KONG and TAIPEI, 21 October 2005:  FP Marine Risks Limited announced the opening of a representative office in Taipei today securing a permanent presence in Taiwan as part of its drive to strengthen existing client relationships and service offerings.

FP Marine Risks are dedicated, independent marine insurance brokers headquartered in Hong Kong. The new office in Taipei is a natural progression for FP Marine Risks and comes as growth in the Taiwanese market continues at a healthy pace.

FP Marine Risks has had a significant involvement in Taiwanese Reinsurance since 1998 and has seen substantial growth in its portfolio in the subsequent years. Heading up the new office are two highly respected members of the Taiwanese broking community, Ichie Lee and Wendy Kao.

Philip Bilney, Executive Director of FP Marine Risks, said: “Taiwan is an important market for us and we are keen to further reinforce our commitment to our Taiwanese clients. We have long been impressed with Ichie and Wendy who have substantial experience in Treaty Reinsurance. We are delighted to have them on board.”

Mr Lee said: “Wendy and I each have over 20 years experience in the reinsurance business having worked as a team for one of Taiwan’s oldest insurance companies since graduating from university.”

In 2000, Mr Lee and Ms Kao made the jump from Cedant to Broker and joined a Japanese reinsurance broking firm.

Ms Kao added: “We have experience as both Cedants and Brokers, and are confident that our knowledge and understanding of the Taiwan market will be of great benefit to FP Marine Risks.”

Mr Bilney remarked: “Ichie and Wendy are one of the great partnerships in the Taiwanese reinsurance community. We believe this will greatly benefit our clients and the company as a whole.”

 Print This Post