Ironshore International has named Juan M. Melo to serve as the Head of Crisis Management for Latin America and the Caribbean. Mr. Melo joins Ironshore’s Miami team and will focus on the complex risk exposures of War & Terrorism and Kidnap & Ransom insurance. He will be based in the Miami office, reporting to Pepe Márquez, Regional Manager for Ironshore in Latin America & Caribbean.
Mr. Melo was most recently with Hiscox, Inc. as a Senior Vice President in Miami underwriting Latin American risks and served as Senior Client Relationship Manager at Hiscox ASM in London. His 20 year career reflects expertise in underwriting various specialty lines of business for insurance entities in London and Latin America. Upon joining the industry as Vice President of Casualty Lines for THB Colombia Corredores de Reaseguros in Bogota, he relocated to London to serve as Deputy Underwriter with Lloyd’s SVB Syndicate and later as an underwriter with APJ Asset Protection Jersey.
“Ironshore recognizes the constant risk of far-reaching terrorism threat exposure and Kidnap & Ransom risks to clients throughout Latin America,” stated Mr. Marquez. “Juan, a highly experienced, multilingual insurance executive with broad-based knowledge in underwriting specialty risks, will assume dedicated responsibility for leading our Crisis Management unit in response to today’s business realities.”
Ironshore’s comprehensive K&R insurance program provides protection against kidnap for ransom, extortion, hijacking, and wrongful detention. The program enhancements incorporate both insurance and professional services protection through its exclusive relationship with Hazelwood Street Consultants, a global crisis management and personal security firm.
Ironshore International’s Latin America and Caribbean division was established in 2012 and today underwrites insurance coverage throughout the regional distribution platform across all property and casualty lines of business. Product coverage includes War & Terrorism, Kidnap & Ransom, Political Risk & Trade Credit and Surety, among others.
Juan Melo will be a key speaker in the roundtable “Complexities of K&R Claims Adjusting in Latin America” at the 2016 Miami – Latin American Claims (re) Insurance Forum.
Ironshore provides broker-sourced specialty property and casualty insurance coverages for varying risks located throughout the world. Select specialty coverages are underwritten at Lloyd’s through Ironshore’s Pembroke Syndicate 4000. The Ironshore group of companies is rated A u (Excellent) by A.M Best with a Financial Size Category of Class XIV. Pembroke Syndicate 4000 operates within Lloyd’s where the market rating is A (Excellent) by A.M. Best, AA- (Very Strong) by Fitch, and A+ (Strong) by Standard & Poor’s. For more information, please visit: www.ironshore.com.