Our Global Network

NETWORK

As the regional representative of the Worldwide Broker Network (WBN), one of the largest networks of independent insurance and risk advisors, we have the resources and expertise to help clients navigate the challenges and opportunities in the global market, tailoring solutions and mitigating even the most complex risk exposures.

Honan Insurance Group Family of Brands

HonanRe

Based in Singapore, Honan Re offers facultative reinsurance solutions to Honan’s insurance partners. Positioned as a dynamic and solutions focused division of Honan Insurance Group, Honan Re aims to support the organisation’s partners throughout the entire reinsurance cycle.

Singapore was selected as the base for Honan Re for its reputation as the insurance hub of Asia Pacific and strategic geographical position that offers access to international markets in Asia, Australia, Europe and North America.

Risksmart

Risksmart is a subsidiary of Honan Insurance Group. Established in 2006, Risksmart provides specialised end to end claims management services for local and international business and Insurers. Risksmart provide two distinct service offerings; third party administration services under delegated authorities for insurers, and under deductible claims management for insureds.The Risksmart team is comprised of both qualified lawyers and insurance specialists who are highly experienced, ensuring that their service is founded on professionalism and expert knowledge.

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Bric

Founded in 1996, BRIC is a leader in construction insurance. With expertise extending to Builders, Engineers, Project Managers, Building Surveyors, Accredited Certifiers and IT Consultants, BRIC provide a full range of insurance, risk and financial services for the construction and engineering industry. BRIC are recommended by the Australian Institute of Building Surveyors (AIBS), are a Consult Australia PI Pathway Partner.

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Modern Risk Solutions

Acquired by Honan Insurance Group in 2021, Modern Risk Solutions (Modern Risk) specialises in insurance and risk advice across Australia’s startup, life sciences and emerging technology sectors. Modern Risk believes that without risk, there is rarely progress. With the support of robust, truly tailored insurance programs and advice, individuals and businesses can do amazing things to secure their future success – in the absence of fear, risk and uncertainty. Modern Risk’s mission is to give clients the chance to grow aggressively, and with confidence. To push boundaries and innovate. To take their business to new heights and exceed their own perceived limitations.

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TA Associates

In 2020, TA Associates made a strategic growth investment in Honan Insurance Group. TA Associates is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 550 companies around the world.

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About WBN

Local Knowledge, Worldwide Network.

Largest network comprised of independently owned and managed firms dedicated exclusively to cross-border collaboration on behalf of clients.

World’s 4th largest network of commercial insurance brokers and employee benefits consultants.

Founded in 1989 and comprised of more than 100 top-quartile firms in their respective markets on 6 continents.

Fully integrated structure allows stable and seamless account management within the guidelines set by WBN’s Service Code of Conduct.

Combined revenues exceeding $5 billion annually means WBN members have the attention and support of many of the world’s most foremost insurance companies.

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OUR GLOBAL

NETWORK

Access to global leaders with true accountability