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Ryan Specialty Group Launches Latin America MGA, Capital Bay Underwriting

Ryan Specialty Group (RSG) has launched a Latin American-focused managing general underwriter, Capital Bay Underwriting, based in Miami.

Capital Bay’s central emphasis is financial lines re/insurance products for financial institutions and commercial entities across Latin America and the Caribbean. Capital Bay is a part of RSG Underwriting Managers (RSGUM), the managing general underwriting division of Chicago-based RSG.

As president and CEO of Capital Bay, Pascal Alvarez is responsible for all aspects of the business growing initially in Latin America and the Caribbean, focusing on D&O, professional indemnity and crime. David Gonzalez is Capital Bay Underwriting’s chief underwriting officer.

Capital Bay is a Lloyd’s coverholder, supported by “A” rated or better carriers.

Pascal Alvarez can be reached at: pascal.alvarez@capitalbayuw.com, +1 786-338-9804

David Gonzalez can be reached at: david.gonzalez@capitalbayuw.com, +1 786-338-9805

Source: Ryan Specialty Group