Malafaia and Novaes named to lead operations
Lockton has opened an office in Rio de Janeiro, Brazil aimed at commercial and reinsurance clients. The broker has recruited a four-person team to operate office. Paula Malafaia joins Lockton from Colemont to serve as the office’s retail executive. She has previously held leadership positions with Miller do Brasil and JLT.
Antonio de Novaes Neto has been appointed as the director for Lockton Re in Rio de Janiero. He has worked in leadership roles with Bradesco Seguros Group, reinsurance broker CatalystRe and with the IRB, Brazil’s state-owned reinsurer.
Julian James CEO of Lockton International said that Lockton is focusing its insurance and reinsurance expertise to the country’s thriving oil market since Rio has become Brazil’s largest petroleum hub. “We are excited about our new office in Rio de Janeiro. Our growth in Brazil reflects the increasing demand for localized insurance and risk management expertise in South American markets. We look forward to providing excellent client service to companies in the region,” said James.
