Brit announces appointment of senior underwriter to lead Latin American business

10-04-2014

Brit PLC (“Brit” or “the Group”), a market-leading global specialty insurer and reinsurer, is pleased to announce that Juan Calvache will join the Group in May to lead its new Miami-based Latin American business. The office will focus on expanding Brit Global Specialty USA’s successful US facultative property platform into the Latin American and Caribbean markets, in line with Brit’s strategy of growing efficiently and profitably into international markets.

Prior to joining Brit, Calvache spent over a decade with Partner Re and its predecessor Paris Re, where he built their Property Facultative team.

Commenting on the hire, Nick Davies, President of Brit Global Specialty USA, said "Juan brings the pedigree and expertise imperative to a successful Latin American launch. The depth of his broker relationships and technical expertise make him an excellent cultural fit for our US-based business. Latin America is a natural evolution of our international strategy and the prospering Miami market is currently the right place to access it from for Brit."

Matthew Wilson, CEO, Brit Global Specialty, added "Juan’s appointment highlights our strategic focus on using the capital and licensing flexibility of the Lloyd's service company model to access distribution that is often absorbed locally. We are delighted to welcome Juan to Brit at what is an exciting time for us."

- ENDS -

For further information:
Ed Moore / James Olley, Brunswick +44 (0)20 7404 5959