August 28, 2007 - Colemont Global Group continues to grow its global presence with the opening of an insurance operation in Abu Dhabi, Colemont Abu Dhabi Insurance Brokers LLC.  The office will offer a full range of insurance and risk management services for clients engaged in all industries.

"The establishment of Colemont Abu Dhabi in cooperation with Emirates National Group follows the successful launch of our Dubai office in 2006," said Surinder Beerh, Colemont Global Group's Chief Executive Officer.  "This new office positions Colemont to assist clients with creative risk and insurance solutions for their expanding business in the United Arab Emirates and Gulf Region."

Eric Schroder has been named General Manager of the new operation. Eric, who recently returned to the Gulf Region after holding senior broking positions in South East Asia, has also previously worked in the Kingdom of Saudi Arabia. He has extensive experience of providing high level insurance and risk management advice to clients in the construction, power generation, and transportation sectors. Eric reports to Ian Walton, Managing Director of Colemont Insurance Brokers LLC in Dubai.

"Colemont Abu Dhabi is eager to make use of Emirates National Group's strong standing in the Abu Dhabi market and to develop relationships with as many of their clients and customers as possible," said Ian Walton. "By partnering such a strong and well respected Abu Dhabi family, Colemont will continue to develop on its strong foundation in Dubai."

"I am very excited to be an active participant in the dynamic business community of Abu Dhabi and the United Arab Emirates," said Eric Schroder. "With the support of Colemont's global expertise and market reach, we will help our clients attain their insurance and risk management objectives while lowering their total cost of risk.

"Colemont Abu Dhabi Insurance Brokers LLC is part of Colemont Insurance Brokers LLC in Dubai. The Dubai operation is a subsidiary of Colemont Global Group and backed by Colemont Corporation, the parent company of Colemont Insurance Brokers, one of the largest specialty wholesale insurance brokers in the United States. Last year, Colemont's U.S. operations placed over $1 billion in gross premium volume. 

You can reach Eric via email at Eric.Schroder@Colemont.ae or at +971 50 159 5848.

Colemont Global Group
Colemont Global Group is the hub for Colemont’s new full service worldwide insurance and reinsurance brokerage network. Established in early 2005 by Colemont Corporation, Colemont Global Group is backed by one of the largest specialty wholesale insurance brokers in the United States. Since its inception, Colemont’s global network has rapidly expanded its operations, opening offices in the Brazil, Chile, Dubai, Estonia, Finland, Latvia, Miami, Russia, Spain, Sweden and the United Kingdom. To learn more visit www.colemont.com.