26 September 2023 Insurance

Oneglobal looks to take on global brokers in Brazil

Broker  Oneglobal expects to deliver a breakeven result in Brazil, after gaining its licence in January 2023, according to Adriano Oka, CEO Oneglobal Reinsurance Brazil.

But there are obstacles to expansion into the Brazilian market, he warns, including the main obstacle of strong competition.

“Competing against enormous brands is a huge challenge but we have been doing well delivering technical value, expertise, and full transparency,” says Oka.

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More on this story

25 September 2023   Regulations have made Oneglobal’s entry into Latin American countries slower than in others such as the US, but there is great optimism for future developments.
3 April 2023   The move follows a ‘significant transformation’ of the company.