10 April 2014 Insurance

Brit hires LATAM leader from PartnerRe

Specialty re/insurer Brit has appointed Juan Calvache, formerly of PartnerRe, to lead its new Miami-based Latin American business.

The office will focus on expanding Brit Global Specialty USA’s US facultative property platform into the Latin American and Caribbean markets, in line with Brit’s strategy of growing efficiently and profitably into international markets.

Prior to joining Brit, Calvache spent over a decade with PartnerRe and its predecessor Paris Re, where he built its Property Facultative team.

Nick Davies, president of Brit Global Specialty USA, said: “Juan brings the pedigree and expertise imperative to a successful Latin American launch. The depth of his broker relationships and technical expertise make him an excellent cultural fit for our US-based business. Latin America is a natural evolution of our international strategy and the prospering Miami market is currently the right place to access it from for Brit.”

Matthew Wilson, chief executive officer of Brit Global Specialty, added: “Juan’s appointment highlights our strategic focus on using the capital and licensing flexibility of the Lloyd's service company model to access distribution that is often absorbed locally. We are delighted to welcome Juan to Brit at what is an exciting time for us.”


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