According to a local paper, Brazil's incoming government has picked Levy to expand relationships with multilateral lenders. He is currently CFO at the World Bank.
The new rules seek to boost local participation in the structuring of projects.
Proposed changes aim to avoid arbitration, among other goals.
The works required an investment of US$17mn and entailed improvements on a 40km stretch of road. The project was originally started in 2012, but was delayed by heavy rains.
Insurtechs represent a small share of the overall fintech industry in the region but the number of insurtech firms is growing very fast, according to a study from the IDB and Finnovista.
This new regulator will have to supervise the contractors who won six PPP highways worth US$8bn in order to verify compliance of transparency norms.