Pro Global, a global insurance major, has expanded its footprints across South America as it has established a new office in Brazil. It is reported that the office will offer services to the local re/insurance community. The services will cover areas such as outsourcing verticals, technical accounting, auditing, claims and pro’s underwriting.
Furthermore, Juan Pablo Bragadin will serve as the manager of the new office. Earlier Mr Juan Pablo Bragadin was a pro representative in Brazil. He will report to Mr Martin Smith, the company’s Head of Latam.
Mr Martin Smith, told the media, “ 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 formalised our presence with our own office. “Juan and his team will continue to grow Pro’s capabilities in the largest re/insurance market in the region, supporting our clients with expert local insight as they adapt to remote working conditions and navigate wider economic challenges and a rapidly developing regulatory environment. 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.”
The Brazil team has secured its first project for international legacy specialist Quest through a third-party authority (TPA) run-off project. The company has been outstanding in terms of substantivity and performance over the years.