Latin America
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Hussey will take over the role left vacant when Luis Sonville moved to AJ Gallagher late last year. -
The company also hired Beazley’s Tracy Holm as general counsel.
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The executive will oversee Howden Re’s treaty and fac business in Miami as well as the firm’s specialty insurance unit.
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The book of business comprises both personal and commercial lines.
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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.
