17 December 2014 Insurance

CGSC forms Cooper Gay Uruguay

Broker Cooper Gay Swett & Crawford (CGSC) has launched Cooper Gay Uruguay as part of its strategic expansion in Latin America.

Based in Montevideo, the new operation will service the needs of Uruguayan insurance companies and clients by providing direct access to the wide range of facilities and services offered by Cooper Gay throughout the region.

The team will focus on placing both fac and treaty reinsurance for personal lines, health, property and casualty lines.

Maria Ferrari has been appointed as managing director of Cooper Gay Uruguay. She will report to CGSC’s regional headquarters in Miami. Ferrari has over 20 years’ experience of the local and regional reinsurance markets.

Ferrari said: “The launch of our Uruguayan operation will enable local clients to access the extensive global knowledge and expertise of Cooper Gay. Fulfilling the needs and expectations of the Uruguayan market will be a challenge, but by blending international expertise with in-depth local knowledge we will provide innovative solutions for our clients.”

Steve Jackson, regional CEO for Latin America, said: “The creation of Cooper Gay Uruguay completes a great year of expansion in Latin America.  Maria Ferrari is the ideal leader for our business in Uruguay and together we have created strong foundations and intend to be an important player in the local insurance market for many years to come.”

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