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.