Luis Delgado joins SRS in push to build up LatAm business
Luis Delgado has joined Strategic Risk Solutions as vice president for Latin America.
Delgado is focusing on developing and managing business for Latin American owned captives. He is based in Bermuda.
He joins from JLT Insurance Management Bermuda where he was vice president of finance, in charge of Latin American accounts. He also served as a member of the executive team. Delgado also spent two years with Marsh IAS, having started his career as an auditor with PricewaterhouseCoopers in Colombia.
Delgado said: “Captive insurance offers a lot of benefits to Latin American organisations and has been growing steadily in its use. With the changes in the commercial insurance market, the demand for captive insurance solutions and trusted advice has never been stronger in the region.”
Brady Young, president of SRS, said Latin America is strategically important to SRS as it expands its global operations. “We believe it is an underserved market for captive insurance with an absence of independent management options,” said Young. “We are building out our servicing teams with Spanish speaking qualified accountants with captive insurance experience.”