PWS Holdings and Gecalux Group are to jointly design and implement new risk financing solutions for their clients.
PWS, an international reinsurance broker, said the recent hardening of insurance rates meant it was the perfect time for innovative financing solutions.
The agreement between PWS and Gecalux Group, a Luxembourg-based enterprise risk management consultancy, aims to combine each organisation's skills and expertise to add value to their existing and potential new clients.
PWS has expanded its operations significantly over the last five years. It has established new offices in Poland, the UAE, Malaysia, the Philippines, Mexico and Korea.
