For the second year in a row, Marsh has been named Best Trade Insurance Broker in North America in Trade Finance Magazine's 2013 Awards for Excellence. The firm was also named Best Insurance Broker in the Europe, Middle East, and North Africa region.
"Trade credit and structured trade credit insurance buyers continue to face challenging conditions throughout the world due to ongoing political and economic turmoil," said Evan Freely, Global Leader of Marsh's Credit and Political Risk Practice.
"Marsh's Credit and Political Risk team works diligently to help exporters and importers, as well as financial institutions to operate through unpredictable economic cycles by providing industry-leading solutions to manage credit and political risks.
"Marsh has assembled the industry's largest and most proficient team of specialists in this field into a global network, which is unmatched by any rival insurance broker. We are honored once again to receive recognition from Trade Finance Magazine for these efforts."
About Trade Finance Magazine Awards for Excellence
The Trade Finance Magazine Awards for Excellence reveal the results of the annual poll conducted through the magazine's website. The Awards for Excellence, now in its 16th year, is the longest running, most highly regarded, and most comprehensive poll of the global trade finance market. The poll was expanded to cover the key economies and sectors of the Asia-Pacific region in 2006, and the Americas in 2010. The results are announced in the June issue of the magazine and are presented at awards dinners in London, New York and Hong Kong.