Gallagher Re, the specialist global reinsurance broker, has appointed Thiago Navega as director of its operation in Brazil.
Based in Gallagher Re’s Rio de Janeiro office, Navega will report to Luiz Araripe, CEO of Gallagher Re in Brazil.
Gallagher Re said the appointment will bolster the expertise of the insurance broker’s expanding team in the region, with a particular focus on the global energy sector.
Navega brings experience dedicated to developing strong client relationships and building teams to service the global energy (re)insurance market.
He joins Gallagher Re from Brazilian insurance and reinsurance brokerage Inter Risk Services, where he was head of energy, marine and renewables.
Prior to this, he spent over six years with Brazilian insurer Austral Seguradora, where he led the energy and marine division, and was previously assistant vice-president in the Rio de Janeiro office of Marsh’s energy, oil and gas division.
Commenting on his appointment, Navega said: “Since establishing a presence in Latin America four years ago, Gallagher Re has gone from strength to strength, delivering innovative solutions that fulfil the growing demand for specialist reinsurance products in the region. I am pleased to be joining the team at this exciting juncture, and look forward to working with the wider team to continue to build our specialty capability and capitalise on the significant growth opportunities present in the region.”
“On 1 October 2020, Gallagher Re became the new name for Capsicum Re, completing the integration of the reinsurance business into Gallagher, one of the world’s largest risk management and insurance brokers, and fully aligning it with Gallagher’s retail and wholesale broking operations around the world,” he added.
Read the latest issue of Captive Insurance Times to learn more about Latin America insurance industry and how it is starting to gain more traction, particularly in its captive insurance industry.