Lloyd's of London receives approval to open representative office in Colombia

Lloyd's of London has received approval to open a representative office in Colombia's Bogota city, reported BNamericas.

Juan Carlos Realphe has been appointed as Lloyd's of London's first general representative in Colombia and will be responsible for market development and liaising with regulators and local business partners in the country. "Lloyd's will bring valuable capacity and specialist expertise to the Colombian market and there are strong growth opportunities for Lloyd's, particularly in property and liability lines," Mr. Realphe said.

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