Global wholesale, reinsurance and specialist retail insurance broker Cooper Gay Swett & Crawford has agreed to move to a 100 percent shareholding in its Mexican reinsurance broker, Cooper Gay Martinez del Rio, by acquiring the shares held by senior local executives.
Cooper Gay said the move was “in line with its continuing strategy of 100 percent ownership of its global operations.”
Cooper Gay Martinez del Rio was established in December 1996 and is based in Mexico City. It specializes in Latin American facultative and treaty reinsurance in Mexico and across Central America, Panama and the Dominican Republic.
Cooper Gay Martinez del Rio’s Managing Director Francisco Martinez will remain as managing director of the business.
Source: Cooper Gay Swett & Crawford
Was this article valuable?
Here are more articles you may enjoy.