Pro Global, a provider of professional services and advisory solutions to the insurance industry, has launched Pro Broker Europe GmbH, a new European platform designed to support UK brokers looking to establish and grow their businesses in Europe.
The launch follows Pro Broker Europe GmbH’s receipt of Lloyd’s European certification, which Pro said strengthens the platform’s regulatory qualifications and provides brokers with a recognized route into the European market.
Pro said its broker incubation services are designed to support all stages of business development, from initial regulatory and operational planning to implementation and long-term growth. The product brings together technical expertise and operational support to help brokers build and scale sustainable businesses, the company said.
Pro, through Pro Broker Europe GmbH, aims to help UK brokers address the challenges associated with expanding into the European market, including regulatory compliance, governance requirements and operational setup. Pro said that drawing on its experience in underwriting, authorization and risk management, the company works with brokers to strengthen relationships with operators and demonstrate effective oversight to capacity providers to support the flow of European business into the London market.
Pro said the introduction of Pro Broker Europe GmbH is part of its wider strategy to strengthen its broker incubation capabilities across multiple regions and provide professional support to companies operating in an increasingly international insurance environment.
Commenting on the launch, Dani Rosser, Head of Brokerage Services at Pro Global, said: “We are seeing strong and continued demand from UK brokers who are looking to expand into Europe but want to do so in a compliant and commercially efficient manner from the outset. Establishing a presence in Europe presents real opportunities, but also comes with a level of complexity that requires careful structure and experienced support.
“Adding Pro Broker Europe GmbH to our broker incubation services allows us to work closely with clients to build a robust, high-quality business that can operate seamlessly across borders. Importantly, it also supports the development of a well-managed European business that complements and enhances the presence in the London market and strengthens the links between the two.”
