International threat and reinsurance specialist Man Carpenter, a subsidiary of Marsh McLennan, has confirmed the profitable completion of its acquisition of Re Options, an unbiased reinsurance dealer headquartered in Israel. The monetary phrases of the deal haven’t been disclosed.

Following the acquisition, Re Options has transitioned into Man Carpenter Israel. Asaf Grinstein, the previous CEO of Re Options, would be the CEO of the rebranded firm.

Since its institution in 2010, Re Options has constructed a robust repute for its experience within the business and its dedication to delivering modern and client-centric options, together with an in depth vary of facultative reinsurance choices.

The combination of Re Options into Man Carpenter Israel positions the corporate because the main reinsurance dealer in Israel. It now provides a complete suite of capabilities, options, and advisory providers.

The deal, introduced in Could, allows Man Carpenter to offer its full array of reinsurance providers to shoppers in Israel, additional enhancing its presence and talent to serve the market successfully.

Man Carpenter additionally just lately introduced a partnership with analytics supplier TNEDICCA to offer superior automotive analytics to its insurance coverage provider companions.

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