Pro Global, a provider of specialist services and advisory solutions to the insurance industry, has launched Pro Broker Europe GmbH, a new European platform created to support UK-based brokers seeking to establish and grow their presence across Europe.
The launch follows Pro Broker Europe GmbH receiving Lloyd’s Europe accreditation, which Pro said enhances the platform’s regulatory credentials and provides brokers with a recognised route to accessing European markets.
Pro stated that its broker incubation services are designed to support businesses at every stage of development, from initial regulatory and operational planning through to implementation and long-term growth. The company said the offering brings together technical expertise and operational support to help brokers build and scale sustainable businesses.
Through Pro Broker Europe GmbH, Pro aims to help UK brokers manage the challenges associated with expanding into European markets, including regulatory compliance, governance requirements and operational set-up. Drawing on its experience in underwriting, delegated authority and exposure management, Pro said it works with brokers to strengthen relationships with carriers and demonstrate effective oversight to capacity providers, supporting the flow of European business into the London market.
According to Pro, the introduction of Pro Broker Europe GmbH forms part of its broader strategy to enhance its broker incubation capabilities across multiple territories and provide specialist support to firms operating in an increasingly international insurance environment.
Commenting on the launch, Dani Rosser, Head of Broker Services at Pro Global, said: “We are seeing strong and sustained demand from UK brokers who are looking to expand into Europe, but want to do so in a way that is both compliant and commercially effective from the outset. Establishing a presence in Europe brings real opportunity, but also a level of complexity that requires careful structuring and experienced support.
“The addition of Pro Broker Europe GmbH to our broker incubation services allows us to work closely with our clients to build robust, high-quality businesses that can operate seamlessly across borders. Importantly, it also supports the development of well-governed European business that complements and enhances placement into the London market, strengthening connectivity between the two.”
