HUNG NGHIEP INSURANCE BROKER
One of the Fastest Flourishing Broking Company with the Legacy of 20 years

Hung Nghiep Insurance Broker (HNIB) is a relatively new company established in January 2021, but it has a solid foundation of business experience in Vietnam insurance markets dating back to 1997 when it assisted the Phu My Hung urban planning project in District 7 Ho Chi Minh City, Vietnam's most successful and famous urban project. The firm can provide excellent services to clients such as contract review, reinsurance placement, employee benefits, claims support, and risk management, and it specializes in niche products such as Trade Credit, Stock Throughput, Renewable Energy, and Casualty, among others.

HNIB has a dedicated team with more than 15 years of experience in insurance broking services at multinational broking businesses, including experience in the general commercial line, reinsurance, trad credit insurance, and other specialties. HNIB ensures that team members are kept up to date on the latest strategies and follows Townhall meetings for the entire firm to discuss strategies with all personnel. Regular and ad hoc meetings with specialized teams relevant to the strategies, sharing project progress with team members regularly, as well as cross-sale activities among teams.

NIB has a strong connection and relationship with the local insurance market as well as the regional and international insurance markets, including cooperation with over 20 non-life insurers in the local market and reinsurance cooperation with partners in China, Hong Kong, India, Korea, Singapore, Taiwan, and the United Kingdom. Moreover, the firm has a service partner network in Cambodia, China, Hong Kong, Korea, Laos, Malaysia, Philippines, Singapore, Taiwan, and Thailand, allowing it to provide its dents with multinational services.

HNIB combines risk consulting, insurance consultant, and claims support together in providing excellent services to its clients, for instance, understanding the client's needs and concerns, reviewing their contracts with vendors / suppliers / contractors, and linking the exposures, liabilities, and contractual liabilities. The firm spent time looking for insurance products that were not available in Vietnam
but were available in international markets, studying and defining whether the product met the client's needs at reasonable premiums, a broader scope of coverage, quick claim settlement, and compliance with the law / regulations. Before introducing the product to its clients, NIB consults with potential reinsurance markets to gain their support. Thanks to this endeavor, the firm has gained the trust and understanding of its clients, and an increasing number of clients are flocking to employ its services....>>More