Independent Lloyd’s broker AFL Insurance Brokers Ltd (AFL) is delighted to today announce the launch of AFL Sud America LLC (AFL Sud America), as part of a joint venture with Special Division Reinsurance Brokers (Special Division), one of the largest reinsurance brokers in South America.
Headquartered in Buenos Aires, Argentina, the new business was formed after AFL acquired an equity stake in the former Cooper Gay Argentina LLC business, which was owned by Special Division. The change of name to AFL Sud America is effective immediately.
AFL Sud America will be led by CEO Guillermo Pastore. A prominent reinsurance professional with more than 25 years of experience in the regional market, Pastore will also continue his current role as CEO of specialised reinsurance treaty broker Special Division.
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