Beazley has opened its first office in Miami and its tenth in the US. The new office will focus on the development of reinsurance business from Latin America.
Beazley is the parent company of specialist insurance businesses with operation in Europe, the US, Asia and Australia.
The move follows the firm’s recent hire of Paul Felfle to develop business in the region.
Felfle, who joined the firm in May this year, has over 20 years experience in the Miami based reinsurance sector, most recently as managing director and head of Aon Benfield Analytics Latin America.
Patrick Hartigan, head of Beazley’s reinsurance division, said: “Miami has been growing as a hub for Latin American business and clients are becoming increasingly sophisticated with their analysis and research.”
“We recognised the need to have a local presence in the city, enabling us to respond to the needs of our clients and build long term relationships.”
