View this article online: https://www.insurancejournal.com/news/international/2021/01/07/596513.htm
Global re/insurance outsourcing and consulting specialist Pro Global Holdings Ltd. (Pro) announced the expansion of its services within Latin America with the opening of a wholly owned office in Sao Paulo, Brazil.
Brazil Office Manager Juan Pablo Bragadin – who has been a Pro representative in Brazil since 2015 – will report to Martin Smith, Pro’s head of Latin America. The new Brazil office will offer services to the local re/insurance community across Pro’s underwriting, claims, technical accounting, auditing and outsourcing verticals.
The Brazil team have already been awarded their first project working on a third party authority (TPA) run-off project for international legacy specialist Quest.
Pro’s new office in Sao Paulo adds to the company’s growing presence in the region, which includes its Latin American headquarters in Buenos Aires, Argentina as well as representative offices in Puerto Rico, Peru and Colombia.
“I’m delighted to be announcing the further expansion of our Latin American capabilities into Brazil, where we have had a representative office since 2015 and have now formalized our presence with our own office,” said Pro’s head of Latin America Martin Smith.
“There is no one size fits all approach to the re/insurance markets in Latin America – each country has different regulations and cultural approaches to conducting insurance business, as well as their own macroeconomic challenges, that make having local expertise critical to supporting clients on the ground,” he added.
Pro is a London-based international consultancy and service provider that focuses on delivering flexible outsourcing solutions for live and run-off business, operational consultancy and audit services exclusively to the global insurance industry. Founded in 1993, Pro has some 160 clients spanning the global insurance market, including insurers, reinsurers, brokers, lawyers and corporate investors.
The company has over 500 employees around the world, with recent geographic expansion in Germany and North America. Pro has offices in London, Sundern, Unna, Zurich, New York and Buenos Aires, all supported by regional delivery centres, enabling Pro to act for clients across multiple markets, cultures and territories.
Source: Pro Global Holdings Ltd.