Seventeen Group creates Germany-based broker in response to Brexit

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Seventeen Group has formed London Re, a Lloyd’s broker based in Düsseldorf, Germany, and with a branch office in London.

The business, which also owns broker James Hallam and MGA Touchstone Underwriting, stated that London Re had been launched in a joint venture with German broker MRH Trowe.

It detailed that MRH Trowe employs around 450 staff across 12 offices in Germany and one in Vienna.

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According to Seventeen Group, London Re offers an independent broking solution for EU clients and

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