Mapfre unit expands into London aviation market

Mapfre Global Risks (MGR), a Mapfre unit providing insurance solutions for multinationals, said on Sept. 14 that it is moving into the London aviation market.

The company wants to cover aviation risks, including for airlines, general aviation and products and airports out of London.

As part of the expansion, MGR has hired Oscar Becerra as aviation underwriter. Becerra will work closely with MGR’s aviation team in Madrid, which has been underwriting aviation risks for many years.

Becerra has previously worked at Willis and before that at Aon. Prior to working for 8 years as a broker in London, he worked for AON Mexico for 9 years, where he was a reinsurance broker and aviation department manager. Becerra will report to Greg Harris, MGR UK director.

“Moving from broking to underwriting is a big move, but with the backing of MGR, and the team in Madrid, I am confident we can build a world-class business with a fresh partnership-based approach that will hopefully appeal to brokers and clients alike,” Becerra said.

Greg Harris, commented: “Oscar’s hire is part of our ‘Specialty Lines’ strategy for London, developing international portfolios of business in specific sectors. He is an experienced aviation broker of 17 years standing and he will use his experience and expertise to bring a fresh approach to aviation underwriting in London.”

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