Howden launches financial lines unit in LatAm with dual hires

Howden Specialty, part of international insurance intermediary  Howden Broking, has launched a financial lines division in Latin America, as it sees a "great opportunity" in connecting LatAm clients with the London Market to offer more choice and capacity.

Gerardo Jacobo and Nestor Rodriguez have been appointed as executive director, head of financial lines, Latin America and executive director, financial lines, Latin America, respectively. Both executives will be based in Miami, reporting to Charlie Langdale in London.

Jacobo and Rodriguez will lead and develop the new specialist financial lines team, connecting Miami and London markets to bring innovative product development and reinsurance market expertise to clients throughout the Latin American region. Both have more than 20 years’ experience across the full range of disciplines, including insurance company underwriting, consultancy, product development, broking and claims handling.

“A key aim for us is to give our clients seamless access to global markets and having Gerardo and Nestor lead our Latin American capability from Miami is a huge step to achieving this goal,” said Langdale, managing director of financial lines.

Max Scagnetti (pictured), managing director of Howden Specialty in Miami, added: “I am thrilled that Gerardo and Nestor are joining the Group and excited to work closely with them. Adding their industry expertise, insight and strong relationships to our Miami Hub significantly enhances our ability to deliver client solutions throughout Latin America, providing a credible and best-in-class alternative for Financial Lines clients in the region.”

Jacobo commented: “In unprecedented times like this, having an embedded knowledge of the Latin American region becomes key to develop market-leading solutions to clients beyond insurance and reinsurance.”

Rodriguez added: “This presents a great opportunity to connect two markets and numerous participants within it, bringing more choice and capacity to Latin American clients.”

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