Reinsurance News

MNK Re hires Nicolas Montoya as CEO LatAm

26th March 2021 - Author: Katie Baker

Specialty Lloyd’s broker MNK Re has appointed Nicolas Montoya as CEO, Latin America & Caribbean and the establishment of its new Miami based operation.

handshake-close-up-photoMontoya joins from BMS Miami and will report to Lee Ellis, CEO MNK Re International, based in London.

MNK Re has planned to make significant investment into its UK and International operations and will establish further regional offices throughout 2021.

Manoj Kumar, Group CEO and Managing Director commented: “MNK Re has built a dedicated team of Latin America and Caribbean specialists in London as part of a focused growth strategy. The establishment of a regional office in Miami has long formed part of this strategy and is a further step toward achieving our long-term goals across the region.

“Nicolas has a proven track-record and brings a wealth of experience and relationships to MNK Re. His appointment and the establishment of this office clearly underlines our commitment to our partners and clients across the Latin America and Caribbean region.”

Lee Ellis, CEO MNK Re International said: “Establishing a regional operation for Latin America & Caribbean in Miami is a key component of the overall MNK Re International strategy. After an extensive search, we are delighted to have fought off strong competition to secure Nicolas’ services.

“His appointment will enable us to build a meaningful presence in the region and demonstrates our continued ability to attract market leading talent to our rapidly evolving business.”

Montoya added: “I am delighted to be a part of MNK Re and honoured to have been chosen to lead this new venture. The region needs a truly independent broking option, where the priority is always the client. The values and capabilities of MNK Re are well aligned to market needs and timing of MNK Re’s entry could not be better.”

Print Friendly, PDF & Email

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous post:
IAG’s FY21 nat cat claims to exceed allowance on rainfall / flooding

Australian insurer IAG has announced estimated FY 2021 net natural perils claim costs of between AUD 660 million to AUD...