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

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

Established in 1985, Houlder Insurance Brokers is headquartered in Hong Kong with additional offices in Shanghai, Shenzhen, Beijing and Guangzhou, all in the People's Republic of China. The firm employs about 90 staff.

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

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

Founded in 1954, Assurex Global has 107 brokers who service clients from nearly 600 offices on six continents. With $28 billion in annual premium volume, Assurex Global is a major privately held network of independent agencies and brokers offering risk management, commercial insurance and employee benefits.

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