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BrokersLink goes for profit

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BrokersLink has switched from not-for-profit status to a for-profit global broking company in a move designed to accelerate growth.

The worldwide independent insurance broker network claimed the development would also help it invest in enhanced multi-national client support capabilities.

The decision was formally approved at BrokerLink's annual general management meeting in Singapore. It will now transform into a Swiss-domiciled company and close its current association in early 2014.

The initial capital will be provided by MDS, Crystal & Company, Filhet-Allard, Nova and Cooper Gay.

According to BrokersLink the new structure

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