Insurance broker Marsh has applied for a brokerage license in Qatar with the Qatar Financial Centre Regulatory Authority.

Robert Makhoul, head of Marsh's Middle East operations, told National Underwriter that the firm is applying for a broker's license to allow it to conduct broker and risk consulting services there.

“Our plans to set up an office in the Qatar Financial Centre (QFC) reflect the exciting opportunities available there,” he said in a statement. “We have had solid growth in the region and believe there will be strong demand for the kind of broking and risk advisory services we can offer companies in Qatar.”

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