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Alexander Beard Group joins US employee benefits brokerage Assurex Global

By Mark Battersby, 8 May 24

The partnership currently includes Griffiths & Armour in Liverpool, and Broadstone Financial Solutions in London.

Assurex Global, the world’s largest privately held commercial insurance, risk management, and employee benefits brokerage group, has added UK – Cheshire headquartered Alexander Beard Group, to its Assurex Global Partnership, effective May 1.

Its “exclusive partnership” comprises more than 100 of the “world’s most respected and successful insurance brokers”, Assurex Global said in a statement. adding that it “stringently selects its Partner Firms to ensure they adhere to the highest quality, expertise, and customer service standards”.

The partnership currently includes two long-standing, “best-in-class” firms in the UK, Griffiths & Armour in Liverpool, and Broadstone Financial Solutions in London.

“The addition of Alexander Beard Group is an exciting and strategic step in Assurex Global’s continued dedication to growth and to broaden its reach and service capabilities”, the statement said.

Alexander Beard Group, founded in 1987 by executive chairman Paul Beard, initially provided financial planning and investment management services to music and entertainment industry clients. The company quickly expanded its client base to include professional football players.

Beard said: “We are excited to join the highly regarded Assurex Global Partnership. This strategic move enables us to extend our networking reach and collaborate with the best independent brokers worldwide. We are eager to provide our clients with more exceptional service and personalized solutions.”

In addition to its HQ , ABG has two UK wealth management branches in London and West Yorkshire; internationally it operates offices in Perth, San Mateo, Lyon, Johannesburg, Frankfurt and most recently in November 2022 opened an office in Dublin, Ireland.

Its comprehensive offering includes individual wealth management, pensions and investment advice, together with its proprietary AB International Retirement Plan and employee benefits.

Assurex Global President & CEO Dean Hildebrandt said: “We are thrilled to continue expanding our Partnership with the inclusion of Alexander Beard Group.

“They have shown extraordinary commitment to their clients over more than three decades, and we are confident this election will further strengthen our Partnership and perfectly complement the two outstanding existing Partner Firms we have in the United Kingdom.”

The Alexander Beard International Retirement Plan, targeting globally mobile employees in the NGO and international schools’ market, as well as global companies employing short term contractors, was launched in 2008.

Alexander Beard now has many of the largest and most recognized American headquartered NGOs, covering staff in Africa, the Middle East, Southeast Asia, and South America.

Its best-in-class approach to financial planning and wealth management, outstanding customer service, and innovative solutions make it a noteworthy addition to Assurex Global Partnership, Assurex further said.

 

Tags: UK | US

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.