HAMBURG,
Germany, Oct. 16, 2024 /PRNewswire/
-- Alliance Group International Ltd is proud to announce the
launch of its latest subsidiary, CGL Alliance GmbH, which has
successfully secured its insurance intermediary license from the
Hamburg Chamber of Commerce
(Handelskammer Hamburg). This milestone marks a significant step in
Alliance Group's expansion within the European insurance
market.
CGL Alliance GmbH, as a wholly owned subsidiary of Alliance
Group International Ltd, will act as a licensed insurance
intermediary, offering comprehensive insurance solutions across
Europe. This license enables the
company to mediate insurance products in compliance with local
regulations, further strengthening Alliance Group's global presence
and commitment to providing high-quality financial and insurance
services.
The supervisory authority for CGL Alliance GmbH's activities is
the Hamburg Chamber of Commerce,
located at Adolphsplatz 1, 20457 Hamburg. This regulatory oversight
ensures that CGL Alliance GmbH operates within the legal framework
of Germany, guaranteeing clients
the highest standards of professionalism and service.
Alliance Group Head of Legal, Licensing & Compliance,
Richard Blackburn commented:
"The launch of CGL Alliance GmbH is a crucial development in our
strategy to expand our services in Europe. With this new license, we are
well-positioned to offer tailored insurance solutions to meet the
growing needs of clients across the continent. We are excited about
the opportunities ahead and the continued growth of the Alliance
Group family."*
CGL Alliance GmbH will initially focus on providing specialized
insurance intermediation services, with plans to broaden its
offerings as the European market evolves.
Visit www.welcometoalliance.com for more information
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SOURCE Alliance Group International