Ajit Shenoi, Director of the SMMI
, added: "The SMMI
serves as a magnet to attract partners from around the world to draw upon our fantastic research and development capabilities and specialists.
TCF-PCF guidelines provide real environmental value to the market.
This unique opportunity will draw upon longevity of service and dedication to customers, both of which are strong attributes for North and SMMI
In addition to in-depth social media training members of SMMI
will have access to special perks and discounts from leading technology vendors throughout various industries.
According to Shirke, "The merger combines North s international portfolio of high quality, larger tonnage with SMMI
s wide spread of high-volume, small-tonnage risks and aquaculture expertise.
Weak investment return: SMMI
has been reliant on good investment
Best's opinion, SMMI
maintains a strong business profile in its specialist markets.
North's joint managing director Alan Wilson said: "As a result of the business similarities between North and SMMI
and their complementary global activities, we have now agreed in principle to investigate the practicalities of a merger.
Best believes that despite weakening, SMMI
will maintain excellent risk-adjusted capitalisation in 2008.
It has always felt a little bit uncomfortable to be seen as the leading face of the company, when I know that it is the collective effort of a committed and dedicated team of professionals I work with that has transformed SMMI
into the niche global insurer it is today.
processes over 5 million transactions annually, generating $1,800,000 in revenue.
Best believes that SMMI
will maintain excellent risk-adjusted capitalisation in 2007 and 2008 despite challenges it is likely to face writing its specialist marine account (expected to constitute over 80% of gross premium income for the period).