Latin America
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The executive joined the Bancolombia-owned insurer as CEO in early 2020. -
Rate falls across the property class and uncertainty around the US administration dominated conversations.
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Sources said that the new paper is replacing PartnerRe capacity that was backing the MGA.
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Carlos Becerra will succeed Delgado as Miami-based LatAm fac head.
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It is understood that the bid is part of Sisa’s expansion plans across Central America.
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The program was developed in collaboration with Allianz Commercial.
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Sources said the executive will join AJ Gallagher in a regional leadership position.
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Rasher also has offices in Seville, Cordoba, Valencia, Malaga, Granada and Pamplona, as well as Latin America.
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Rivera will succeed current CEO Carlos Rivera, effective January 1.
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Earlier this month this publication revealed that the brokerages were in advanced talks to secure a deal.
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Sources said the brokers are in the final stages and could seal a deal in the next couple of weeks.
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It is understood the executive will join the carrier later this year.
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