MIAMI, May 21, 2024
/PRNewswire/ -- Lockton Caribbean & Central America (CCA) announced today the
launch of CCA FAB, the insurance broking industry's first Food,
Agriculture & Beverage practice focusing exclusively on the
region.
The new Food, Agriculture & Beverage practice within Lockton
CCA — the Miami-based wholesale
insurance and reinsurance operation focused on the region, within
Lockton's Latin America and
Caribbean Insurance Services Series (LACIS) — will deliver
tailor-made insurance solutions to companies at all points along
the value chain of the food, agriculture and beverage industries.
Among other potential offerings, these include bespoke liability
insurance and contract review, crop insurance, stock throughput
solutions, product liability and recall insurance, reputational
damage insurance, and financial and professional coverages.
Lockton CCA has historically served many high-profile local and
global food, agriculture and beverage companies with exposures
within the region, including food distribution companies,
distilleries, breweries, and soft drink manufacturers, on behalf of
local independent brokers and insurers. The new CCA FAB practice,
working as a wholesaler, will deliver new and innovative solutions
designed for the food, agriculture, and beverage industry to these
brokers and insurers to better serve their clients.
Lockton named Simon Arden and
Mario Martinez as co-leaders of CCA
FAB. They will jointly report to Julian
Pratt, CEO of Lockton CCA, and Tony
Matta, President of CCA. Arden and Martinez, insurance
industry veterans with history and experience in the Caribbean and Central America, will work closely with
Lockton's global Food, Agriculture & Beverage practices in both
London and the United States to help food, agriculture
and beverage industry companies effectively manage their risk.
"As the food, agriculture, and beverage sector in the
Caribbean and Central America grows and evolves, businesses
need tailored advice from brokers who understand the industry and
the region," Arden said. "Lockton CCA is excited to help deliver
outside-the-box thinking and problem-solving to help industry
participants manage their most critical operational, financial, and
reputational risks and build competitively priced and responsive
insurance programs."
About Lockton
What makes Lockton stand apart is also what makes us better:
independence. Lockton's private ownership empowers its 11,500+
Associates doing business in over 140 countries to focus solely on
clients' risk, insurance and people needs. With expertise that
reaches around the globe, Lockton delivers the deep understanding
needed to accomplish remarkable results. For more information,
visit www.lockton.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/lockton-caribbean--central-america-launches-regions-first-dedicated-food-agriculture--beverage-insurance-broking-practice-302151573.html
SOURCE Lockton