Niche specialises in the placement of worldwide coverage for private companies, public companies and multinational companies that are domiciled in Cyprus and have their operations worldwide. The synergies of designing global insurance programs from a specialist team of brokers who understand our client’s needs has delivered exceptional product solutions and substantial savings in cost.
Niche Brokers has built a strong relationship with a selective network of international insurers with global presence in order to ensure an impeccable level of service in the event of a claim. Our specialist team of brokers have successfully advised, designed and procure bespoke insurance solutions for Technology, FMCG, FX and Property owner companies. Clients can expect the personal touch of a boutique specialist brokerage firm, combined with the expertise and integrity to deliver consistent results that not just meet but exceed their expectations.
Cyprus is a full member of the European Union (EU) and Euro Zone money area, as well as a member of Commonwealth of Nations. It is politically stable with a legal system based on common law, modelled on the UK. Over recent years, like much of the rest of the world, Cyprus has also ridden the wave of economic challenges. But it has also since proven to be resilient, quickly implementing measures to stabilise the internal situation and return to growth soon after. In turn, being upgraded by international credit agencies, and continually improving in the markets.
Prospects seem much more promising now that the country’s core infrastructure has been made more sustainable, together with an existing and strong service-sector, particularly in professional services, tourism, and maritime/shipping. This comes with many years development, a long-standing international reputation, and a mature, skilled and highly educated workforce that maintains the country’s status as a leading business destination. Continued discoveries of hydrocarbons is now also quickly positioning Cyprus as a major energy hub in the region and wider EU, and further promoting its position as an investment gateway throughout the EMEA region.