Iberia News

XL Catlin in Iberia Taps Marsh’s Herrero as Head of Political Risk, Credit & Bond

XL Catlin’s insurance operation in Iberia announced new local underwriting capabilities with the appointment of Santiago Herrero as head of Political Risk, Credit & Bond (PRCB) – Iberia. Herrero will be based in Madrid and reports to Dan Riordan, XL …

Re/Insurance Broker BMS Launches Spain-Based BMS Iberia

BMS Group Ltd., the London-based specialist insurance and reinsurance broker, announced the launch of a new European venture, BMS Iberia. The operation will be spearheaded by recently appointed directors Fernando Claro in Madrid and Domingo Albi in Seville, and will …

XL Catlin Expands Professional Indemnity Offering in Iberia

XL Catlin’s insurance operation in Iberia announced an extension of its professional indemnity coverage. Traditionally, the coverage protects professional service firms against legal costs and claims for damages to third parties which may arise out of an act, omission or …

XL Catlin Launches Five Financial Institutions Insurance Solutions in Iberia

XL Catlin’s insurance operation in Iberia announced that it is launching five new insurance solutions for financial institutions. The coverage is for directors & officers liability, civil liability, comprehensive crime, private equity / venture capital liability and investment management. “Spain’s …

ACE Launches Casualty & Fire Cover for Fashion Firms in Spain & Portugal

ACE Group has launched ACE Moda TM, a packaged insurance product designed to cover the casualty and fire risks of companies in the fashion retail sector as it continues to develop its proposition for retail and luxury goods companies across …

ACE Appoints Sales and Distribution Director for Iberia

ACE Group has appointed Santiago Sánchez Mata as its sales and distribution director in Iberia, as it continues to strengthen its leadership team in Madrid. In his new role, Sánchez Mata will be responsible for the development and implementation of …

MAPFRE to Insure Iberia, Other Airlines for 3 Years

MAPFRE GLOBAL RISKS, a subsidiary of Spain’s MAPFRE, which specializes in underwriting large risks, announced that for the next there years it will insure the aviation risks in the insurance programs of Iberia, Vueling, Air Nostrum and the newly created …

Guy Carpenter Establishes New Facultative Team in Iberia

Guy Carpenter & Co, the global risk and reinsurance specialist of Marsh & McLennan, announced the formation of a new dedicated facultative team in Iberia. Alejandro Ramirez, Senior Vice President, Artur Castany, Senior Vice President, and Antoni Galí, Assistant Vice …