Strategic Risk Solutions has appointed Luis Delgado as Latam regional director, where he will lead the firm’s business development strategies and geographical expansion into Latin America.
Delgado takes on the new role from his previous position as vice president of SRS Bermuda captive management operations, which he had held since 2020.
Now based in Colombia, he will continue to lead SRS’ Spanish speaking team while maintaining a physical presence in the Latin America region.
Commenting on the appointment, Delgado says: “Over the past few years, we have seen record levels of captive formations, feasibility studies, and general interest and enquiries from prospects across Latam, so it makes sense to be closer to where our clients and prospects are located.
“Latam is producing strong growth in captive insurance, and we will focus on developing new captive formations from the region.”
Brady Young, CEO of SRS, adds: “Latin America represents an important region for SRS. We believe there are significant opportunities for Latam parent organisations to make greater use of captive insurance.
“Luis has developed a good foundation of Latam business for SRS operating from Bermuda, as well as building on his captive management experience. Relocating to Colombia brings a greater local presence as we bring more support and resources to support captive insurance in the region.”
