Specialty insurer Newline joins Lloyd’s Mexico, expands global footprint
London-based specialty insurer Newline Group is expanding its global footprint by joining Lloyd’s representative office in Mexico City, to serve clients in Latin America and the Caribbean.
Operating within Lloyd’s in Mexico, Newline’s Latin America division will begin underwriting liability and financial lines coverage effective immediately.
The company's Latin America team reports to Stephen Gordon, chief underwriting officer of Newline Syndicate 1218 at Lloyd’s.
Carl Overy, CEO of Newline Group, said: “With Newline’s long history of underwriting facultative reinsurance in Latin America, establishing a local presence in Mexico City demonstrates our commitment to be closer to our distribution partners and clients. We are excited to work with Lloyd’s in Mexico and are eager to elevate our profile in this region.”
Daniel Revilla, regional head, Latin America at Lloyd’s, said: “I’m delighted to be expanding Lloyd’s presence in Mexico. We see great opportunity to grow the insured world in Latin America and provide our partners across the region with Lloyd’s specialized underwriting expertise.”
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