Cunningham Lindsey has announced the creation of a new hub, based in Miami, from which it plans to expand the support it can offer clients across Central and South America and the Caribbean. Led by Peter Ravey, a Major and Complex Loss Adjuster and Miami Hub Director for Latin America and Caribbean at Cunningham Lindsey, the hub will offer loss adjusting, audit & review and training services to insurers and reinsurers across all classes of casualty, property and special risks business in the region.
Peter Ravey, said: “Miami has become a significant hub for insurance and reinsurance business in Latin America and the Caribbean as a result of its accessibility, and now provides a critical mass of insurance, reinsurance and broking firms, ranking alongside Bermuda, the Dubai or Singapore markets. It is no surprise therefore that a number of international re/insurers and local insurers have set up operations and strengthened their offering here in Miami in the past 12 months.
“Given its proximity to the growth markets of Central and South America, where premiums have increased significantly over the last decade, and are set to rise yet further, having a depth of resource based here in Miami means that we are better able to both support our clients’ growth and their product line diversification.
“Having worked alongside companies across the region since 1984, we are able to offer a rare combination of both a strong regional knowledge and the ability to deliver global expertise from elsewhere in the group. We will provide both a high quality claims management, as well as creating the platform to meet new needs with additional services such as forensic accounting, environmental support and third party administration.”
The Miami-hub will focus on property business (including business interruption, power generation, machinery breakdown, onshore energy and mining) as well as casualty business including general third party liability, hotel and resorts’ liability, products, product contamination and related product recall, pollution and employers’ liability.
About Cunningham Lindsey
Cunningham Lindsey is the global market leader in claims handling, domestic and commercial loss adjusting, catastrophe or major loss claims handling and claim management assistance. The firm’s operating platform includes 6,000 employees operating across 60 countries.