Commercial insurance broker ATL has expanded its global presence with the launch of ATL Re, an independent reinsurance broker serving the Latin America and the Caribbean markets through its new Miami office.
Through the new Miami hub, ATL Re will offer a comprehensive range of commercial reinsurance products including financial lines, property and energy, construction, accident and health, treaty and marine, across a number of key Latin American markets, including Mexico, Ecuador, Argentina, Uraguay, Peru and Bolivia.
To oversee its growth in this region, the company has appointed José Astorqui (pictured right), former chief executive officer (CEO) and chief commercial officer (CCO) of BMS Group Latin America and Caribbean, as partner and CEO of ATL Re. Astorqui previously held the positions of CEO at Lions Gate Latin America and Caribbean, and managing director Latin America at Howden Insurance Brokers.
Joining Astorqui as part of ATL Re’s leadership team will be Andrew Hye (pictured middle) in the role of partner and executive director, who joins from Summa Brickell where he was head of treaty and energy, heading up the development of the business’ local network in the region. With over 40 years of experience in the international insurance and reinsurance industry, Hye has also held leadership roles at BMS, Guy Carpenter and Aon.
ATL said Astorqui and Hye’s appointments are the first of several to be announced in the coming months as ATL Re continues to add internationally-recognised expertise to its team.
Iñaki Bandres (pictured left), CEO at ATL and chairman at ATL Re, said: “We are delighted to announce the launch of ATL RE in Latin America and the Caribbean, as well as the appointments of José and Andrew to the leadership team. By bringing together some of the most distinguished experts from across the global insurance and reinsurance industry, with specialist knowledge of Latin America and the Caribbean markets, we’re able to expand our footprint further and provide our clients with a first-class service wherever they trade.”
Astorqui added: “I’m excited to be joining ATL RE and to oversee its growth into Latin America and the Caribbean; markets I have grown to know very well throughout my career. With the expertise already within the business, as well as incoming appointments, I’m very confident that we will be able to provide an unbeatable service to customers in the region.”
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