Aviation broker Piiq Risk Partners has received regulatory approval to operate in France as it looks to create a hub to access European business.
The global aerospace re/insurance broker said its French operation will “act as a base for expanding its services across the French and European markets”.
Phil Smaje, (pic) CEO, explained: “France has a very established and market-leading aerospace and manufacturing industry and a mature insurance market that our team knows well. We are delighted to be able to offer our clients the service that they need in France, throughout Europe and indeed globally. Our industry is experiencing challenges, but at Piiq we have the expertise, leadership and dedication required to navigate changing risk landscapes, provide pioneering solutions and deliver top-tier service to our clients in France and throughout Europe.
“I’m also pleased to say that we continue to attract key talent from across the market and will be welcoming Anne-Laure Rosenwald as our first colleague at Piiq Risk Partners SAS.”
The broker said the move reinforces its commitment to providing existing and future clients with a global offering, recognising the opportunities in the region.
“Regulatory approval in France enables Piiq to build a strong European hub and provide a seamless service to its clients following Brexit, through its new entity,” added Piiq.