2013

Business Cooperation Agreement with Cooper Gay & Co. Ltd.

Jan. 16. 2013
Marubeni Corporation

Marubeni, through its 100% owned subsidiary, Marnix Corporation (Head office: Tokyo, Japan, President & CEO: Jun Yamaguchi, “Marnix”), and Cooper Gay & Co. Ltd. (Head office: London, United Kingdom, CEO: Sam Hovey, “Cooper Gay”) concluded a Business Cooperation Agreement (“Agreement”). Cooper Gay & Co. Ltd. is a core subsidiary of Cooper Gay Swett & Crawford Ltd. (Head office: London, United Kingdom, “CGSC”) which is the largest independent wholesale and reinsurance broker.

The main purpose of Agreement is to enhance and expand the field of broking service of both Marnix and Cooper Gay in Treaty reinsurance business. Marnix currently provides the reinsurance broking service for Asian clients, mainly Japanese. Marnix will enhance its treaty reinsurance broking function in the cooperation with Cooper Gay and utilize Cooper Gay’s strong relationship with western (re)insurers. CGSC has a strong business pipeline in North America, South America and Europe. CGSC will expand its business to Japan where the second largest non-life insurance markets exists and utilize Marnix’s strong relationship with Japanese (re)insurers. 

Cooper Gay is the core subsidiary of CGSC which is the largest insurance broking group in independent wholesale and reinsurance brokers and provides its services to mainly North America, South America and Europe.
London is the world center of insurance traditionally and many risks are underwritten in London markets, especially in Lloyd’s of London.  Cooper Gay has experienced and specialized staff and provides solutions to clients’ specific risk and needs.

Marnix and Cooper Gay cooperate in marketing and sales activities to provide better services to our clients.



<Marnix Corporation>
Established : 1997
Address : 1-4-2, Otemachi, Chiyoda-ku, Tokyo
Representative : President & CEO Jun Yamaguchi
Business : (Re)insurance broking and risk consulting
URL : http://www.marnix.co.jp/en/index.html


<Cooper Gay & Co. Ltd.>
Established : 1965
Address : 52 Leadenhall Street, London
Representative : CEO, Sam Hovey
Business : (Re)insurance broking
URL : 
http://www.coopergay.com/
 

<Cooper Gay Swett & Crawford Ltd.>
Established : 2010
Address : 52 Leadenhall Street, London
Representative : Group CEO, Toby Esser
Business : lndependent global wholesale and reinsurance broking Group
Gross Premium Handled : USD4bn
URL : 
http://www.cg-sc.com/

Top of Page