Marsh has opened a representative office in Yangon, Myanmar’s largest city.

The office will conduct market research and feasibility studies for the insurance broking business in Myanmar, and provide business support and liaison activities on behalf of Marsh Singapore’s business.

“Myanmar has great potential. In the past three years working in the country, I have met with some amazing individuals and companies. We are keen to help develop and grow local talent in our business, and we are looking forward to working in this beautiful country, and being a part of its growth story,” says Jerry Westmore, chief country representative of the office.

Martin South, chief executive officer, Marsh Asia Pacific, comments: “In recent years, Myanmar has experienced rapid economic development and progress, and ushered in an era of prosperity. It has seen a steady inflow of foreign direct investment, and many multinational corporations have staked their interests in the country. These trends look set to continue, making this an exciting time for Myanmar and its people, and Marsh is delighted to be part of the journey and be an active contributor to Myanmar’s transformation.”