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The Latin American offices are still operating under the Cooper Gay brand, but management in each country took control of their respective operations through a management buyout over a month ago, added Van Eyghen.
The offices to form the network are those in Brazil, Chile, Ecuador, Bolivia, Mexico, Uruguay, Bolivia, Central America, Colombia, Panama, Peru, Puerto Rico, Dominican Republic and Venezuela.
"The insurance market is increasingly complex. We have to reinvent the business model to create sustainable growth for the next years," Fabio Basilone, president of Cooper Gay Brasil, said in a Cooper Gay release issued this week.
Basilone added that the plan involves initiatives to be carried out by 2021.