Cooper Gay launches Latin American energy practice
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Cooper Gay Miami, the Latin American headquarters of London-based reinsurance broker Cooper Gay Swett & Crawford Ltd., has created a Latin American energy practice to provide facultative and treaty reinsurance for regional businesses in the oil and gas exploration and power generation sectors.
The Latin America energy practice group will operate across Cooper Gay's nine Latin American offices, including Miami, Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru and Uruguay, Cooper Gay said Monday in a statement.
Santiago, Chile-based Luc Van Eyghen, the country manager of Cooper Gay Chile, will lead the practice, reporting directly to the Miami-based headquarters, according to the statement.
Cooper Gay is “officially reaching out to new clients through the (Latin American energy practice)” as of Monday, a spokeswoman said in an email on Tuesday.
As one of the world's largest consumers of energy with requirements expected to grow considerably, Latin America is “exploring new ways to meet demand including importing liquid natural gas from the United States, tapping into shale gas deposits and seeking sources of renewable energy with low environmental impact,” Cooper Gay said in the statement.
The energy practice aims to help Latin America's “growing market to secure the specialist protection required to deliver the power generation and exploration projects that are so important to the economy in Latin America,” Steve Jackson, regional CEO for Latin America, said in the statement.
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