NU Online News Service, Nov. 18, 3:58 p.m. EDT

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Columbus, Ohio-based insurance broker network Assurex Globalsaid it has added Houlder Insurance Brokers Far East Ltd. of HongKong to its exclusive list of partners.

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Established in 1985, Houlder Insurance Brokers is headquarteredin Hong Kong with additional offices in Shanghai, Shenzhen, Beijingand Guangzhou, all in the People's Republic of China. The firmemploys about 90 staff.

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"Behind Houlder's reputation for providing reliable,solution-oriented service are several significant strengths thatwill enhance Assurex Global's capabilities in supporting the growthof our broker partners' clients," said Jim Hackbarth, AssurexGlobal president and chief executive officer, in a statement.

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"Chief among those are an extensive servicing network in Chinaand a highly skilled management team with both internationalexperience and a keen understanding of the business environments ofboth Hong Kong and mainland China."

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Founded in 1954, Assurex Global has 107 brokers who serviceclients from nearly 600 offices on six continents. With $28 billionin annual premium volume, Assurex Global is a major privately heldnetwork of independent agencies and brokers offering riskmanagement, commercial insurance and employee benefits.

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