IGI appoints Manpreet Kaur Gill as Asia Pacific Financial and Professional Lines Underwriter
September 07 2021 - 8:00AM
Business Wire
International General Insurance Holdings Ltd. (“IGI” or the
“Company”) (NASDAQ: IGIC) today announced the appointment of
Manpreet Kaur Gill to the role of Asia Pacific Financial and
Professional Lines Underwriter of IGI Labuan. Manpreet will be
based in the Company’s Kuala Lumpur office.
Manpreet has 24 years’ industry experience in managing and
driving a broad range of financial and professional lines and
casualty products. Prior to joining IGI she worked for QBE Malaysia
as the Head of Professional Lines, General Liability and Worker’s
Compensation. Previously, Manpreet was Manager of Casualty and
Financial Lines for MCIS Zurich Insurance, which she joined from
AIG Malaysia where she was Vice President and Head of Casualty and
then Property.
Her appointment allows IGI to enhance its well-established
presence in the Financial and Professional Lines market in the Asia
Pacific region. She will report to Nick Garrity, Chief Executive
Officer of IGI Labuan.
“We are delighted to welcome Manpreet to IGI,” said Mr. Garrity.
“The significant increase in the demand over the last 12 months for
the solutions we provide to the financial and professional lines
sector means there is a great opportunity to embed our position as
a recognised lead market and long-term partner. Manpreet’s
appointment will enable us to provide specialist capabilities and
excellent service led by an established and a well-regarded
professional.”
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About IGI: IGI is an international specialty risks
commercial insurer and reinsurer underwriting a diverse portfolio
of specialty lines. Established in 2001, IGI has a worldwide
portfolio of energy, property, general aviation, construction &
engineering, ports & terminals, marine cargo, marine trades,
contingency, political violence, financial institutions, general
third-party liability (casualty), legal expenses, professional
indemnity, D&O, surety, marine liability and reinsurance treaty
business. Registered in Bermuda, with operations in Bermuda,
London, Malta, Dubai, Amman, Labuan and Casablanca, IGI aims to
deliver outstanding levels of service to clients and brokers. IGI
is rated “A” (Excellent)/Stable by AM Best and “A-”/Stable by
S&P Global Ratings. For more information about IGI, please
visit www.iginsure.com.
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Forward-Looking Statements: This press release contains
“forward-looking statements” within the meaning of the “safe
harbour” provisions of the Private Securities Litigation Reform Act
of 1995. The expectations, estimates, and projections of the
business of IGI may differ from its actual results and,
consequently, you should not rely on forward-looking statements as
predictions of future events. Words such as “expect,” “estimate,”
“project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,”
“may,” “will,” “could,” “should,” “believes,” “predicts,”
“potential,” “continue,” and similar expressions are intended to
identify such forward-looking statements. Forward-looking
statements contained in this press release may include, but are not
limited to, information regarding our estimates of losses for
catastrophes and other large losses including losses related to the
COVID-19 pandemic, measurements of potential losses in the value of
our investment portfolio, our expectations regarding the
performance of our business, our financial results, our liquidity
and capital resources, the outcome of our strategic initiatives,
our expectations regarding pricing and other market conditions, our
growth prospects, and valuations of the potential impact of
movements in interest rates, credit spreads, equity securities'
prices and foreign currency rates. These forward-looking statements
involve significant risks and uncertainties that could cause the
actual results to differ materially from the expected results. Most
of these factors are outside of the control of IGI and are
difficult to predict. Factors that may cause such differences
include, but are not limited to: (1) changes in demand for IGI’s
services together with the possibility that IGI may be adversely
affected by other economic, business, and/or competitive factors
globally and in the regions in which it operates; (2) competition,
the ability of IGI to grow and manage growth profitably and IGI’s
ability to retain its key employees; (3) changes in applicable laws
or regulations; (4) the outcome of any legal proceedings that may
be instituted against the Company; (5) the potential effects of the
COVID-19 pandemic; (6) the inability to maintain the listing of the
Company’s common shares or warrants on Nasdaq; and (7) other risks
and uncertainties indicated in IGI’s annual report on Form 20-F for
the year ended December 31, 2020, including those under “Risk
Factors” therein, and in the Company’s other filings with the SEC.
The foregoing list of factors is not exclusive. In addition,
forward-looking statements are inherently based on various
estimates and assumptions that are subject to the judgment of those
preparing them and are also subject to significant economic,
competitive, industry and other uncertainties and contingencies,
all of which are difficult or impossible to predict and many of
which are beyond the control of IGI. There can be no assurance that
IGI’s financial condition or results of operations will be
consistent with those set forth in such forward-looking statements.
You should not place undue reliance upon any forward-looking
statements, which speak only as of the date made. IGI does not
undertake or accept any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
to reflect any change in its expectations or any change in events,
conditions, or circumstances on which any such statement is
based.
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version on businesswire.com: https://www.businesswire.com/news/home/20210907005405/en/
Investors: Robin Sidders, Head of Investor Relations T: + 44 (0)
2072 204937 M: + 44 (0) 7384 514785 Email:
robin.sidders@iginsure.com Media: Aaida Abu Jaber, AVP PR
& Marketing T: +96265662082 Ext. 407 M: +962770415540 Email:
aaida.abujaber@iginsure.com
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