Lockton Opens Second Brazil Office in Rio de Janeiro

Lockton has opened its newest international office in Rio de Janeiro, Brazil for commercial and reinsurance clients. The office expands Lockton’s energy and reinsurance capabilities in South America.

Lockton has recruited a four-person team to operate the Rio office. The Board of Trade approved the new Lockton operation August 12. The office is located at street Assembleia, number 10, suite 3.603, downtown Rio de Janeiro, telephone + 55 21 2221-2718.

Paula Malafaia joins Lockton from Colemont to serve as the office’s retail executive. She has 15 years experience in the insurance market, and previously held leadership positions with Miller do Brasil and JLT. Malafaia holds a bachelor’s degree in economics from PUC-RJ, a master’s degree from Funenseg/IBMEC and received underwriting training at Lloyd’s in London.

Antonio de Novaes Neto, who has 20 years experience in the insurance industry, has been appointed as the director for Lockton Re in Rio de Janiero. He has worked in leadership roles with Bradesco Seguros Group, reinsurance broker CatalystRe and with the IRB, Brazil’s state-owned reinsurer.

“We are excited about our new office in Rio de Janeiro,” Lockton International CEO Julian James stated. “Our growth in Brazil reflects the increasing demand for localized insurance and risk management expertise in South American markets. We look forward to providing excellent client service to companies in the region.”

James added that Lockton is focusing its deep insurance and reinsurance expertise to the country’s thriving oil market since Rio has become Brazil’s largest petroleum hub. Lockton is now positioned in Rio de Janeiro and Sao Paulo, Brazil’s two largest states in population and gross domestic product. Sao Paulo City and Rio de Janeiro City are also two of the three largest metropolitan areas in South America.
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Source: Lockton: http://www.lockton.com or http://www.lockton.com/international

Topics Reinsurance