Lloyd’s plans to set up an office in Miami to support business development in the Latin American and Caribbean markets.
“Latin America is a key market for Lloyd’s, with premium close to US$1.5 billion,” said Daniel Revilla, regional head, Latin America, and country manager, Mexico, in a letter issued to clients this week.
Lloyd’s currently has offices in Brazil, Colombia and Mexico, and there are more than a dozen service companies
and coverholders servicing the Latin American and Caribbean markets from Miami, he noted.
In addition to opening the Miami office, Revilla said, Lloyd’s also will be taking additional steps to strengthen its presence in the Latin American and Caribbean markets, including the following:
Revilla said he will continue leading the Lloyd’s team across the region from the new office in Miami. “…I am sure these changes will allow us to more effectively support the Lloyd’s market development in the region.”
Source: Lloyd’s of London
*This story appeared previously in our sister paper Insurance Journal.