MDS bolsters Spain and Latin American development with rent

MDS Group, a part of the Ardonagh Group, has appointed Alvaro Mengotti as an government board member.

Mengotti was most lately chief worldwide and reinsurance officer at March Danger Options and former led AIG Iberia for 12 years.

As well as, he has held a number of roles inside commerce associations together with as a board member of the Spanish Insurance coverage Employers’ Affiliation UNESPA and as Vice President of the American Chamber of Commerce in Spain.

José Manuel Fonseca, MDS Group CEO, commented: “The Latin American and Spanish markets are very related to MDS and The Ardonagh Group. Having Álvaro Mengotti on board, given his huge expertise, will speed up our development in these areas, including worth to the enterprise, our prospects, and companions.”

Mengotti added: “MDS Group stood out amongst its worldwide friends. I’m excited to hitch the staff and capitalise on the alternatives throughout the markets the place I’ve had the pleasure of working as an insurer, insurance coverage and reinsurance dealer.”

On the finish of 2022, Ardonagh Advisory, a subsidiary of The Ardonagh Group (Ardonagh), introduced the acquisition of The Skilled Broking Group for an undisclosed sum.

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The acquired agency, which trades as The Skilled Indemnity Firm, specialises in providing skilled indemnity (PI) insurance coverage for all professions, together with solicitors, architects, surveyors, engineers and accountancy companies.

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