MISSION Underwriters, a technology-driven program administrator, has announced the launch of its Latin America platform, alongside the appointment of Alejandro Pedroza as President, Latin America, a newly created role.
Operating from Miami, MISSION’s Latin America platform will focus on building specialised facultative reinsurance programmes and expanding the company’s presence across key markets in the region.
The company will partner with experienced underwriters to identify niche opportunities and cultivate these specialised programmes for Latin American risks, initially targeting property, financial lines, and specialty segments.
“We are excited to bring MISSION’s experience in building start-up, de novo insurance programs to the Latin America market,” said Jim Dwane, CEO of MISSION US. “I’m thrilled to be reunited with my former colleague Alejandro Pedroza. Together, we are focused on bringing quality underwriting and risk analysis to the market paired with top-rated capacity, building on MISSION’s success in the U.S.”
Leveraging his two decades of reinsurance experience across Latin America, Pedroza has been tasked with leading the new platform as President.
The executive most recently served as the CEO of a reinsurance brokerage with operations in the region. Prior to that, he served as CEO of AIG Ecuador and held senior regional leadership roles at AIG, including Regional Counsel for Latin America, COO of AIG Brazil and Andean Zone Leader.
“MISSION is in a strong position to provide significant value to the LATAM insurance market,” said Pedroza. “I am thrilled to join the team and expand MISSION’s goal of empowering world-class underwriting talent to build businesses.”
This international expansion marks another step in MISSION’s growth. In 2025, the company reported $700 million in gross written premium (GWP) after the successful launch of five new programs in the marketplace, signalling strong momentum as it enters the 2026 fiscal year.
