YEREVAN, March 25. /ARKA/. Armenian insurance company Prime Insurance Brokers LLC has received accreditation as a Lloyd’s broker.
This status provides direct access to the Lloyd’s of London market, confirming Armenia’s presence in the global insurance market.
As stated by Martin Galstyan, Chairman of the Central Bank of Armenia, involvement in such a reputable international market is not only a testament to a high level of trust but also a good opportunity to significantly improve the quality of services in the industry and establish higher standards.
“This stimulates the implementation of innovative approaches, contributes to the formation of a competitive and developing environment, and strengthens customer-centric thinking, while simultaneously laying the foundation for creating long-term values and fostering a culture based on sustainable development,” he said. According to Prime Insurance Brokers Executive Director Siranush Yakhshibekyan, Lloyd’s Broker accreditation is not only a corporate success for the company but also an institutional achievement for the region.
“This allows us to act globally as an international broker, placing Armenian, regional, and international risks on the Lloyd’s market,” she said.
Responding to a question from ARKA news agency, Yakhshibekyan noted that the company can place both traditional insurance classes, including property, cargo, and liability insurance, as well as risks specific to developed markets, on the Lloyd’s market.
Prime Insurance Brokers, which has been operating in the Armenian market for over 30 years, provides specialized insurance and reinsurance brokerage services across all classes, risk assessment, consulting, and claims management and settlement services.
Lloyd’s is a leading global insurance and reinsurance company with a 300-year history, providing insurance solutions for complex and large-scale risks.
