Latin Re names new head of oil & gasoline and building

Latin Re has introduced the appointment of Diogo Costa as its new head of oil & gasoline and building to additional improve its observe.

Costa brings over twenty years of reinsurance trade expertise to his position within the Infra & Misc crew, including depth and experience to the agency’s capabilities.

The recruitment initiative additionally underscores Latin Re’s intention to spice up its presence throughout the Latin American insurance coverage market, aiming to reinforce its affect in nations like Mexico, Guatemala, and Ecuador.

Moreover, David Fagundes has been welcomed to the Infra & Misc crew as a senior specialist dealer, following his tenure at one in every of Brazil’s largest insurance coverage operations. Fagundes is anticipated to contribute to advanced property placement efforts.

Marjorye Hoejenbos, who leads the infrastructure & miscellaneous division at Latin Re, conveyed robust confidence in Costa’s appointment.

“We have now invested in deepening data and technical experience within the space as a result of we perceive that the approaching years might current us with varied alternatives in Brazil and Latin America. Our purpose is to supply the very best service to our shoppers, and now now we have one other nice skilled, acknowledged available in the market,” Hoejenbos mentioned.

Costa additionally expressed his enthusiasm about becoming a member of Latin Re, noting the honour of being a part of a extremely expert crew.

“With the current adjustments in technique within the insurance coverage markets amid the vitality transition, now we have confronted a rising problem for our shoppers. On this state of affairs, they are going to be capable of rely on Latin Re’s experience to beat them. I’m prepared to realize our objectives collectively,” he mentioned.

Felipe Aragão, chief business officer at Latin Re, commented on the improved specialization of the specialties crew, acknowledging the advanced brokerage panorama in Latin America.

“We now have senior companions protecting all main traces of enterprise, together with aerospace, maritime, vitality, cyber, D&O, legal responsibility, and now oil & gasoline and building,” Aragão mentioned. “Our enterprise companions can belief that we are going to discover the very best options to fulfill their wants.”

With a Lloyd’s license acquired in 2023, Latin Re additionally affirmed its position as a bridge to worldwide markets, additional establishing itself as a key participant within the insurance coverage sector inside the area.

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