Latin America
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The book of business comprises both personal and commercial lines. -
Price Forbes operations in Miami, Chile and Peru will report to Mulic.
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The MGA is offering lines of $25mn, up from the $10mn limit it was providing until late last year.
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The executive joined the Bancolombia-owned insurer as CEO in early 2020.
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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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