UIB launches Colombian retail broker operation; appoints CEO
Re/insurance broker UIB has launched a retail broking business in Colombia to be headed by Yolanda Guerra as chief executive officer.
Guerra has over 24 years of insurance industry experience with firms including Allianz, AON and Seguros la Previsora and Helm (now Itau). Guerra has also served as a board member of ACOAS (Asociación Colombiana de Corredores de Seguros), Fasecolda (Federación de Aseguradores Colombianas), Colseguros and Segurexpo.
As the CEO of the new company UIB Seguros, Guerra will report to Tony Dilley, CEO of parent company UIB International.
Dilley said: “Colombia is a stable country with a strong economy which has weathered the recent world recession extremely well and our business there continues to grow profitably. Colombia’s economy has outperformed other commodity based economies in the region.
“Broker licences in Colombia are singular; they are for either reinsurance or retail. While UIB Colombia, our existing reinsurance broking operation, has been established for twenty years our new retail venture UIB Seguros, will seek to handle the larger, public sector tendered business which is additionally anticipated to generate reinsurance placements opportunities.”
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