XL Catlin announced it has strengthened its Brazilian team with two appointments. Patricia Britto has joined as property underwriter and Luiz Carlos Dos Santos as senior casualty underwriter – both based in Sao Paulo. These two appointments are part of the company’s strategic expansion to move into new markets and niches in the country.
Despite the economic recession in Brazil, the local insurance market is still growing, XL Catlin said in a statement.
The company quoted CNseg, the country’s insurers association, which said that in 2015 the Brazilian market increased 12,5 percent and is expected to grow more than 10 percent over the next 12 months.
“Brazil is a market with huge potential to develop casualty and property insurance products. Both Patricia and Luiz are valuable additions to the team here in Sao Paulo. Their role will be to apply their skills to serve the needs of local risk managers as well as multinationals in need of global expertise,” said Renato Rodrigues, country manager of XL Catlin’s insurance operation in Brazil.
Patricia Britto joined XL Catlin in 2009. Previously she worked at Itaú Seguros for three years and she holds a degree in chemical engineering.
Luiz Carlos Dos Santos is a law graduate and holds an MBA in Business Management from New York and Boston University. He has more than 25 years of experience in the insurance sector.
Source: XL Catlin