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Navigating New Horizons: A Shift Towards Global Collaboration

11 Apr, 2024

In a time of unprecedented challenges and risks, the insurance industry is evolving at a rapid pace to meet the dynamic needs of consumers. At the forefront of this transformation is ATL, a leading broker of commercial insurance solutions, eager to broaden its offerings with its global expansion into the reinsurance market. The strategic move marks a new era of innovation in the face of emerging risks.

The launch of ATL RE and its new Miami hub reflects the broker’s commitment to navigating new territories, fostering collaboration, and adapting to a changing risk landscape on a larger scale.

Diversification of Risk Portfolio

ATL’s reinsurance arm will enable the company to diversify its risk portfolio, allowing it to spread its capabilities across a broader spectrum of geographies and industries. While maintaining a strong focus on marine risks, ATL now extends its expertise to a broader spectrum of reinsurance products, including Financial Lines, Property and Energy, Construction, Accident and Health, Treaty, and Marine, across several key Latin American markets, including Mexico, Ecuador, Argentina, Uruguay, Peru, and Bolivia.

By tapping into previously untapped regions, ATL aims to bring its expertise to areas that are facing unique challenges. Overseeing ATL RE, the company has appointed José Astorqui, former CEO and CCO of BMS Group Latin America and Caribbean, as Partner and CEO of ATL RE. He has a renowned track record of driving growth at some of the largest insurance brokers and providers in the world. Andrew Hye, former Head of Treaty and Energy at Summa Brickell, has also joined the leadership team as Executive Director and Partner. Andrew has extensive experience in the international insurance and reinsurance industry. These appointments are the first of several as ATL RE continues to add internationally recognised expertise to its team.

To heighten ATL’s global expansion, the broker is bringing together distinguished experts from across the global insurance and reinsurance industry, with specialist knowledge of multiple markets in order to provide innovative risk solutions.

Adapting to a changing world

The insurance industry is undergoing rapid transformation, and ATL seeks to stay ahead by understanding and catering to the evolving needs of customers in different markets. By offering a comprehensive suite of products, ATL is poised to cater to the intricate risk management needs of clients on a global scale. This move is not just about expanding services but ensuring that ATL becomes a one-stop solution for diverse risk challenges.

ATL aims to become a more versatile partner for clients as it embraces growth opportunities internationally.

The expansion is driven by a commitment to effectively navigate emerging risks, technological advancements, and shifts in customer expectations. By broadening its reach, ATL seeks to stay ahead of industry trends. This move reflects ATL’s forward-thinking approach and dedication to being at the forefront of innovation. By venturing beyond its traditional boundaries, ATL aims to carve a dynamic and influential presence in the global insurance arena, marking a transformative phase for the company.