ConsiliumRe the International Facultative division of Direct Insurance Group Plc, an international speciality Lloyd’s broker; has announced its intentions to expand its operation into Miami, servicing the needs of the Latin American market.
The London based Reinsurance Broker has had significant traction in the region since its formation 18 months ago. Fernando Rojas Castillo, Head of International Facultative Reinsurance, will spearhead the US operation, based from its new Miami headquarters. Fernando’s remit will initially be to grow the team over the forthcoming months whilst also adding new product lines to the existing book.
‘Our Miami office will become the gateway to Latin America, and so makes sense that we not only build our presence within the region, but also offer other lines of business, that are becoming more relevant for Latin America,’ says David Bearman, CEO of Direct Insurance Group Plc ‘We already have a strong branch network in Latin America, extensive relationships with carriers and a global placement capability. Combined with our global knowledge and experience, the Miami expansion is the perfect hub to enable further growth with both existing and new clients; opening up many new potential opportunities for the future.”
Fernando joined ConsiliumRe in 2017, bringing with him an impressive set of credentials to underpin the Miami opening; with over 25 years’ experience in the Reinsurance market. Commenting on his new role Fernando says: ‘Miami, is the principal access point for Latin American business. We intend to produce business in all classes of insurance where there is Latin American appetite; using our proximity to the territory and the contacts and knowledge we have in the region.”
ConsiliumRe places Property, Casualty, Financial Risks, Energy & Marine (including Super Yachts), and Group Personal Accident (including crew PA) Facultative reinsurance business located worldwide.
For further information, please contact Fernando Rojas: fernando.rojasc@consiliumre.com
About DIG
DIG: Direct Insurance Group (DIG), a Lloyd’s of London broker and a leader within the commercial insurance sector. Their specialities include liability, motor fleet, professional indemnity and commercial property insurance.
They have a specific knowledge of certain difficult to place industries including the following sectors; waste, asbestos, coach, lorry, laboratory and they have developed exclusive schemes for clients involved in these high risk trades.
DIG posted sales of more than £150 million in 2018 and has approximately 100 staff across the UK. Further information on DIG can be found at: www.direct-ins.co.ukandwww.consiliumre.com
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