18 May 2021Insurance

Price Forbes continues its expansion in Chile with two senior hires

Price Forbes has hired two new executives in Chile as it works to realise its ambition to be a leading broker in the country.

Martin Soto Quintus has been named as chief executive officer in Chile, while Miguel Pizarro becomes chief broking officer for Chile.

Quintus joins from Aon Reinsurance Solutions where he held the position of CEO for Chile since 2015. He was initially Aon’s facultative director, and has extensive relationships with carriers and brokers across Latin America.

He also has a strong technical background, Price Forbes said, from underwriting roles he held at Swiss Re and Berkley International.
Pizarro also joins from Aon Reinsurance Solutions where he has held the role of chief operating officer since 2017. Before that he was specialty lines director, and he has also held a number of underwriting and claims roles at AIG, Crawford Chile and Seguros Security.

Price Forbes said its Latin American portfolio has grown exponentially since 2017, and Chile is its hub office for the region.

Oscar Rincon, CEO Latin America, said: “Martin is a proven leader who works collaboratively to deliver bespoke risk transfer tools, products and exceptional service to clients. I’m very excited that he will lead the Price Forbes’ Chilean operations and act as the deputy CEO Latin America, supporting the strategy throughout our next ambitious phase of growth.”

Greg Ferguson, CEO for the international business, said: “Latin America is an exciting region for Price Forbes and we are a business committed to offering solutions from our London and local platforms, strategically co-ordinated by our leadership team. Our ambition is to become a leading broker in the Chilean market, more broadly in the region and fully committing to a local presence with strong leadership ratifies our approach.”

Pizarro added: “Client focus is a promise that is on everyone’s mind. The real challenge is how to make it real. Our commitment is to bring traditional and creative solutions to our clients whilst ensuring fairness and long-term strategies towards markets.”

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