Cooper Gay (Holdings) Ltd., the London brokerage group, announced it has taken a shareholding in Reinsurance.com.ar, a reinsurance broker based in Miami and Buenos Aires.
The firm said that Guillermo Pastore, a market practitioner with more than 20 years insurance and reinsurance experience, is chief executive officer of the operation.
It added that Mr. Pastore, who founded Reinsurance.com.ar last year, was previously chief operating officer of EW Blanch Argentina and Benfield Greig Argentina.
Toby Esser, Cooper Gay Group CEO, said he welcomed Mr. Pastore and his team in the Cooper Gay network.
“Our stated strategy is to expand in our chosen territories by working with companies that share our passion and business philosophies. Reinsurance.com.ar is such an organization,” said Mr. Esser.
Cooper Gay said Reinsurance.com.ar will complement the firm's existing Latin American network of offices in Brazil, Chile, Colombia, Guatemala, Mexico, Peru and Ecuador.
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