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HSBC Insurance Brokers receives Qatar Financial Center license

HSBC Insurance Brokers has established a branch office and received regulatory approval from the Qatar Financial Center Authority to provide insurance broking services to corporate customers within the State of Qatar.

The company has announced that the newly opened branch in Qatar is the latest in HSBC Insurance Brokers’ expansion plans within the Middle East region. HSBC Insurance Brokers provides insurance broking and consultancy services across the region from offices within The Kingdom of Saudi Arabia and the United Arab Emirates.

Steve Bonynge, managing director of HSBC Insurance Brokers for Middle East, said: Qatar is an important and growing Insurance market and we are delighted to be joining the Qatar Financial Center. We look to contribute to the development and growth of the Qatar insurance market by bringing over 30 years of experience within the Middle East as well as our International technical capabilities and resources for the benefit of the Qatar business community.