You are marked

to Markets, We are marked to clients

At the heart

of international trade since 1846

The Highest

Rating Banque de France

Your focus is

the Markets. Our focus is you.

Join us consult our offers

Our figures

€ 1,100 M
Premium income collected by the Group

client access

News

Press Release: Filhet-Allard Maritime acquires controlling stake in Latitude Brokers

Bordeaux & Hong Kong, December 8th, 2021

Filhet-Allard Maritime, the France-based leading insurance broker for the commodities trading, shipping and industry markets, has acquired a controlling stake in Latitude Brokers, a specialist Marine broker based in Asia with headquarters in Hong Kong. The acquisition has received regulatory approval from authorities in both Hong Kong and Singapore.

This deal is the latest step in Filhet-Allard Maritime’s continued global expansion plan which already include operations in Switzerland, Ivory Coast and Turkey. The acquisition will provide Filhet-Allard Maritime with a new platform for expansion in the Asian market, where they are already a well-known broker in the commodities sector. In addition, the new set-up is designed to create a direct link between Europe, Africa and Asia which will provide a unique service offering to existing and future clients.

Henry Allard and Christian Barnabe, President and Managing Director of Filhet-Allard Maritime respectively, have stated “the acquisition of Latitude Brokers will be a game changer for our Group. It will consolidate our position as a global maritime insurance broker and anchor our operations in Asia. The complementary nature of our portfolios in the shipping and in the commodities sectors will provide a solid base to propel our business in the region”.

Latitude Founding Partners, Vanessa Toucas, Andrew Brooker, Tom Fulford-Smith and Charles D’Alton, made the following joint statement “We are very grateful for the hard work and support of our staff and clients, many of whom have been with us since the very early years. We have known the Filhet-Allard Maritime team for nearly 20 years. We both see the Asian market as a critical component of a global operation and are excited to grow together.”

Notwithstanding the challenging global and market environment, Latitude has continued to enjoy strong year-on-year growth. Latitude will maintain their brand identity as they begin this new stage in their development. The acquisition will accelerate the changes they want to implement, including immediate plans for growth in Singapore and Hong-Kong.

Henry Allard, Christian Barnabe and Leon Lederman will join the Latitude Board of Directors.

Notes to editors:

About Filhet-Allard Maritime

Part of the Filhet-Allard family-owned Group, Filhet-Allard Maritime is a leading insurance broker in the world’s major commodities trading, shipping, and industrial markets. Founded in Bordeaux in 1846, the company is now being led by the 6th generation of the Allard family. Its slogan “At the heart of International Trade, Shipping & Industry” reflects its vision as an internationally recognized specialist in the Maritime sector.
Filhet-Allard Maritime’s technical and logistical platform employs more than 100 experts with operations in France, Switzerland, Ivory Coast and Turkey. Their expert teams pride themselves on producing innovative, personalized, and technically effective solutions to protect, defend and serve the interests of customers around the world. For more information visit www.famarit.com

About Latitude Brokers

Latitude Brokers was founded in Hong Kong in 2014 and expanded to Singapore in 2016.
They service clients predominantly in the Asia-Pacific region across the marine, offshore, and global supply chain sectors. Latitude was set up by Tom Fulford-Smith, Vanessa Toucas, Andrew Brooker and Charles D’Alton. For more information visit www.latitudebrokers.com

Media Contacts:

Saraid Mc Carrick – Filhet-Allard Maritime
+33 5 57 53 39 05
saraid.mccarrick@famarit.com

Andrew Brooker – Latitude Brokers
+852 2154 2253
abrooker@latitudebrokers.com

 

Compliance Expertise

International shipping and trading is a field of activity which has seen an increased wave of regulations imposed on all industry actors in recent years.

In the below video, our Head of Compliance Michelle Ilyas shares her insights on today’s complex regulatory environment and how Filhet-Allard Maritime can help clients navigate this ever-changing landscape.

 

The Reinvention of Marine Insurance Broking

Marine Insurance Broking is a field of activity which has undergone significant changes over the years.

In the below video, our Chief Broking Officer Serge Vanderstappen shares his insights on our role and how Filhet-Allard Maritime has risen to the challenges of today’s market for the benefit of our clients.

 

Creation of Filhet-Allard Africa and arrival of its DGO, Benjamin BOUDEAU-RAIMBAULT

Active in the insurance sector since 1846, Filhet-Allard has been present in the Ivory Coast since the mid-2000s through our subsidiary “Filhet-Allard Côte d’Ivoire”.

As part of our strategic vision, we have decided to accelerate our development in Africa with the creation of a regional hub, based in Abidjan.

This hub will operate under the new name of Filhet-Allard Africa.

On October 5, 2020, Benjamin BOUDEAU-RAIMBAULT, will become the Head of Operations for this subsidiary, under the chairmanship of Henry ALLARD and the management of Christian BARNABE.

Based in Abidjan, Benjamin previously held the position of Regional Head of Business Development of Africa within the Allianz Group.
He will lead our development in the Ivory Coast and West Africa.

Turkish Flour Industrialists’ Federation (TUSAF) International Congress and Exhibition

Turkish Flour Industrialists’ Federation (TUSAF) International Congress and Exhibition (Antalya, 12-15 November 2020)

For more information: http://tusaf2020.org/en/