Marsh to Apply for Qatar License

Marsh announced from its offices in Doha that it is to apply for a license from the Qatar Financial Centre Regulatory Authority.

Commenting on the application, Robert Makhoul, Head of Marsh’s Middle East operations, stated: “Our plans to set up an office in the Qatar Financial Centre reflect the exciting opportunities available there. We have had solid growth in the region and believe that there will be strong demand for the kind of broking and risk advisory services we can offer companies in Qatar.

“As the risk landscape continues to evolve, it is increasingly important for companies to examine the potential risks that they can face and then devise the most effective methods to mitigate them. The substantial interest we had for our recent National Oil Companies conference, held in the region, provided a good example of how companies are thinking in a more sophisticated way about risk. By applying for a license, we hope to be able to advise clients in Qatar on these business-critical issues more effectively.”