Pro Global Holdings, global re/insurance outsourcing and consulting specialist, has expanded its services within Latin America with the opening of a wholly-owned office in Sao Paulo, Brazil.
The new office will provide services to the local re/insurance community across Pro’s underwriting, claims, technical accounting, auditing and outsourcing verticals.
Juan Pablo Bragadin, who has been a Pro representative in Brazil since 2015, will be the Brazil office manager. He will report to Martin Smith, Pro’s head of Latin America.
The Brazil team are already working on their first project, a third party authority (TPA) run-off project for international legacy specialist Quest.
Smith says he is “delighted to be announcing the further expansion” of its Latin American capabilities into Brazil.
“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,” Smith adds.