The insurer said the move was designed to better serve customers and distribution partners, and to take full advantage of future growth opportunities throughout Latin America.

Diego Sosa, currently country president of Mexico, will now have expanded responsibility over Northern Latin America. In addition to retaining his current responsibilities for Mexico, Sosa will lead a sub-region that includes Central America, Panama and Puerto Rico. The country presidents of these additional geographies will now report to Sosa.

Chubb has reorganised its Latin America region’s structure and leadership into three sub-regions – Northern Latin America, Southern Latin America and Brazil, and appointed leaders for each territory.

Mario Romanelli, currently country president of Chile and head of the company’s Andean region, will now have expanded responsibility for Southern Latin America. In addition to retaining his current responsibilities for Chile, Romanelli will lead a sub-region that includes Argentina, Ecuador, Colombia and Peru. The country presidents of these additional geographies will now report to Romanelli.

Leandro Martinez, the country president of Brazil, will retain his current responsibilities for this territory. Sosa, Romanelli and Martinez will continue to report to Federico Spagnoli, regional president, Latin America and division president, consumer lines, overseas general insurance.

Read the full article at: Commercial Risk

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