Specialty MGA UK has bolstered its presence in Latin America with the appointment of Victor Navarro as Senior Vice President.
Navarro, a seasoned professional with three decades of experience, will lead Specialty MGA’s property, energy, and engineering portfolios in the Latin American and Caribbean regions from the company’s Miami office.
Navarro’s extensive career includes roles at Royal Sun Alliance, where he began by underwriting construction policies, and later, serving as Chief Reinsurance Officer at AIG.
Bringing a wealth of experience and a global network of brokers, agents, and insurers, Navarro is poised to contribute significantly to Specialty MGA’s growth strategy.
In his new role, Navarro will focus on expanding the firm’s client offerings, increasing its presence in various territories, and enhancing its standing in the market.
His responsibilities also include team expansion to meet the evolving demands of the business as it gains momentum in the market.
Group Chairman Manoj Kumar expressed his excitement about Navarro joining Specialty MGA UK, emphasising the industry veteran’s crucial role in meeting the growing demand for specialised insurance solutions. Kumar believes that Navarro’s expertise will contribute to maintaining the remarkable growth the company has achieved thus far.
Navarro shared his enthusiasm for joining Specialty MGA UK, highlighting the firm’s unique approach to risk that unlocks capacity in a constrained market.
He aims to help businesses across the region access innovative and quality products, challenging the traditional ‘cookie-cutter’ approach taken by many markets.
Philippe Bara, Chief Underwriting Officer at Specialty MGA UK, emphasised that with Navarro on board, clients in more territories will benefit from deep technical expertise and tailored coverages for challenging and hard-to-place risks.
