Insurance Business Review: Specials Magazine

In insurance, the real test comes in moments of crisis. For more than 40 years, GRUPO ACSA has been a steady partner during those moments, serving Mexico and Latin America through 13 branches. The company specializes in claims tied to transport, civil liability, fire, and other incidents, supporting insurers, brokers, and policyholders when emergencies like theft, natural disasters, or accidents disrupt lives. Its certified adjusters combine speed with rigor, ensuring every case is investigated thoroughly and resolved fairly. Providing reliable support also requires a focus on service quality. Every claim is handled with responsiveness and transparency, guiding clients through the process with clear explanations of coverage, methods, and limitations. And recognizing that each case is unique, the company adapts its approach to provide support that feels human and attentive rather than distant or formal. During stressful moments, this clarity and personalized care help clients feel understood and reassured. Such dedication has earned GRUPO ACSA industry recognition. In 2024, it received the Company of the Year award for Excellence in Claims Services. Beyond resolving individual claims, the firm maintains strong relationships with intermediaries and fosters long-term partnerships built on collaboration and trust, ensuring that its support extends well beyond the immediate crisis. "We combine 40 years of expertise with rapid, precise claims handling, delivering clarity, trust, and peace of mind when our clients need it most," says Ciro Calderon Dominguez, CEO. Technology and Processes Driving Excellence GRUPO ACSA’s technological toolkit is extensive. Specialized valuation and analysis software and remote evaluation technologies facilitate swift, accurate damage assessments, even in hardto-reach areas. These tools are complemented by personnel training programs that ensure adjusters are proficient in using digital platforms and inspection techniques, further enhancing response speed and quality. Moreover, the company emphasizes clear protocols and standardized procedures, which include immediate actions following critical events, review processes, and escalation protocols to address issues based on each case's severity promptly. GRUPO ACSA utilizes smart systems to streamline the claims process. It employs integrated claims management platforms that allow for real-time registration, tracking, and management of claims. This ensures prompt responses during catastrophic events.

Insurance Wholesale Brokerage

Things can change as quickly as tides in the maritime industry, widening the doors for exposure to various risks. This inherent dynamic nature prompts businesses to choose a variety of insurance products specific to different scenarios for safeguarding their operations and assets from potential risks and accidents. The industry-leading wholesale brokerage and programs manager, One80 Intermediaries, checks all the boxes to become an ideal partner for businesses to address diverse risks. Operating for over three decades in this domain, the firm boasts unparalleled hyper-focused specialization in the marine space. One80 Intermediaries’ extensive industry experience, coupled with the firm’s close partnership with carriers throughout the US, UK, Canada and Asia, it has built a legacy of consistently representing and underwriting some of the biggest names in the industry. Its expertise encompasses a broad spectrum of sub-segments, from boats and yachts, commercial hulls and P&I and recreational marine facilities to relevant marine liabilities. “We take pride in being a constant and reliable force for the maritime industry. Our commitment to dependable underwriting, superior products and enduring partnerships presents unmatched value for clients,” says Christopher L. Pesce, national programs practice leader at One80 Intermediaries.

Captive Insurance Company

The advantages of establishing captive insurance organizations in the Hawaii domicile have turned it into a hotspot for public and private companies seeking to manage their own business risks. This requires a trusted partner to design programs that suit their distinct requirements. Alakai Global has been the go-to partner for U.S. and Japanese businesses looking to establish captive insurance companies in Hawaii. A privately owned, leading captive management company, Alakai specializes in delivering white-glove services for intricate risk profiles. Operating on a fixed-fee model instead of the traditional commission-based model ensures its focus remains on serving clients’ best interests. “Our advice to clients is independent of the premium involved and the product insured. We have a good understanding of managing business risks in this niche industry," says Sotaro Misawa, President of Alakai Global. Sotaro Misawa and Colin Teraoka, the Executive Vice President, have been instrumental in building the company’s reputation within the Japanese market. Prior associations with Big Four accounting firms equip the co-owners with a wealth of experience in audits, tax compliance and regulatory affairs, enabling them to clearly understand clients’ concerns and provide appropriate solutions.

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EDITORIAL

Latin America's Insurance Revolution Isn't Coming—It's Already Here

The insurance industry across Latin America is undergoing such a profound transformation that old playbooks are becoming obsolete in real time. What we're witnessing is a fundamental rewiring of how an entire sector operates. Gone are the days when claims languished in paper stacks and risk assessment meant educated guesswork. Cloud infrastructure now enables instantaneous data exchange among regional offices, reinsurers and regulators. AI and image analytics are automating tasks that once required armies of adjusters to perform manually, including validating claims, detecting anomalies and accelerating settlements. A farmer in rural Colombia can now photograph hail damage and trigger an evaluation process that would have taken weeks in the analog era. Perhaps more consequential is the shift toward data-driven underwriting. By layering historical patterns with environmental data and predictive modeling, insurers are developing risk profiles that reflect actual conditions, specific urban flood zones and particular agricultural exposures. This is the difference between sustainable growth and avoidable losses. What makes this moment significant is that regulators aren't standing in the way. Brazil, Mexico and Colombia have updated frameworks to encourage digital transparency and interoperability, forward-looking policies that recognize this evolution as essential infrastructure. The numbers reflect that confidence. The Latin American insurance market is projected to reach $2.67 trillion by 2034, growing at an annual rate of 14.48 percent. The revolution is already underway. This edition of Insurance Business Review Latin America examines the latest developments transforming the region’s insurance landscape and how leading organizations are adjusting their strategies to align with these emerging trends. It features a thought-provoking article by Penny Sturdevant, Director of Claims at STG Logistics and Clint Roszelle, Senior Director Enterprise Business Agility at Citizens Property Insurance Corporation. In this edition, highlighting the leading innovations and advancements shaping the insurance landscape of 2025, we hope you gain valuable insights to strengthen your strategies and future initiatives.