RSG launches first LatAm MGU

Chicago-based Ryan Specialty Group (RSG) has hired Pascal Alvarez
to lead a new Latin American financial-lines focussed managing
general underwriter (MGU), the company announced today.
The MGU, Capital Bay Underwriting, will initially write
directors' and officers', professional indemnity and crime
business from a Miami, Florida base, aimed at the Latin American
and Caribbean markets.
Alvarez, founder of Miami and Fort Lauderdale-headquartered
emerging markets carrier Gangkhar, will be joined by