Richmond Reinsurance Brokers begins regional expansion in Taiwan

Dixie



Singapore-based Richmond Reinsurance Brokers (RRB) has begun its expansion into other Asia-Pacific markets with the establishment of a new subsidiary in Taiwan.

The company said that it has obtained a licence to provide reinsurance broking and risk consulting services in the Taiwanese market.

The subsidiary, Richmond Reinsurance Brokers (Taiwan), will be based in Taipei. The office is hiring reinsurance professionals to manage and support the operations for its growing Taiwanese client base. This, RRB said, is a key milestone in it plans to grow and build relationships with clients and network partners in the Asia-Pacific region.

RRB Taiwan

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WTW hires Asia head of casualty

Dixie



Willis Towers Watson (WTW) has appointed Ben MacCarthy (pictured above) as head of casualty for Asia, under its corporate risk and broking (CRB) business, effective Dec. 1.

Based in Hong Kong, MacCarthy will report to Paul Ward, head of global markets P&C in Asia.

MacCarthy has more than 15 years of experience in the property and casualty market, both in underwriting and broking. He has held key roles in international insurance and broking companies, most recently as head of customer and distribution management for commercial insurance at Zurich Insurance in Hong Kong. Prior to that, he was head

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New QBE group boss on his plans and focus

Dixie

Horton came onboard in September, starting out in London where he was based, prior to spending a couple of weeks in the US offices and finally heading Down Under earlier this month. The new group chief executive, who obviously is no stranger to being at the helm of an international business, believes his toughest challenge would be bringing the global organisation together.

He said: “I think that’s going to be the biggest challenge, because it sounds really easy, but getting 11,500 people to think in terms of the enterprise and think about what the organisation can do in total and

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Smart POS systems like PAX are vital to Merchant Service Providers

Dixie

The recent news that a US acquirer had raised concerns about PAX terminal security led a number of Merchant Service Providers’ (MSPs) to ask questions about their approach to next-generation payment terminals. With their business strategies on the line, some MSPs are asking whether smart POS systems really mean smart business after all.

In a new white paper, David Gudjonsson, CEO of pioneering payment security specialists Handpoint, explains why smart POS systems are vital to MSPs future business strategies – and why MSPs should have confidence in the security of PAX devices.

The smart advantage

In recent years, smart

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