Latin America
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This will be Fidelis’ first office in North America and will be led by former Navigators Re head Ivan Vega. -
The boutique retail broker provides P&C and benefits services in the Mexican Caribbean hospitality sector.
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
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A view into PE-fueled activity in the MGA sector, as LatAm carrier M&A accelerates.
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Sources said the team is led by Martin Soto Quintus and is mostly based in Chile.
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Equidad earlier sold its soccer team to group of US investors that includes actor Ryan Reynolds.
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The Brazilian carrier grew earned premiums to over $100mn in 2024.
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This publication reported yesterday that Talanx was closing in on the sale.
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With roughly 200 employees, the South American operations generated over EUR130mn in 2024 GWP.
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The executive joined Navigators in 2010 after eight years at White Mountains Capital.
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The Miami-based executive assumes the role left vacant by April McLaughlin.
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Earlier this year, Insurance Insider US revealed that the insurers were in takeover talks.
