16 April 2014 Insurance

Brokerslink expands Mexican ambitions

Brokerslink, an independent insurance broker network managing premium volumes in excess of $14 billion, has entered the Monterrey corporate market in Mexico with the addition of broker AER as a member.

AER joins Brokerslink de Mexico, which now brings together the expertise of four independent retail brokers (Lorantms, AARCO, PIMSA, AER), a reinsurance broker (Cooper Gay Martinez de Río y Asociados) and a risk and business consultant (Rainmaker) into a virtual team to handle Brokerslink related business in the country.

An executive committee that comprises the key executives of each firm and Paul Bitner, managing director of Brokerslink, coordinates joint business development initiatives and decides how to best handle incoming and outgoing business.

Paul Bitner, managing director of Brokerslink, said: “Since its formation in 2012 Brokerslink de Mexico has won major accounts and performed exceptionally well. However, while Monterrey was covered by an original member, we felt this key market with its strong links to North America deserved the dedicated support of a locally headquartered retail specialist.  With AER joining as a member we are now in an excellent position to win and service even more corporate clients on the ground in Monterrey.

Federico Valdes, chief executive officer of AER, said: “We have been watching Brokerslink with interest and felt it was the time right to integrate our extensive Monterrey experience to the group.  We believe that our association with Brokerslink combined with our resources and knowledge will enable us to win an increased share of this vibrant market and provide and exceptional service to our combined clients.”

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