THB URUGUAY

We are a reinsurance consulting company founded in 2015. From our headquarters in Montevideo, Uruguay, we manage the best reinsurance solutions with international providers for our clients in Latin America.

In January 2022, we officially partnered with Amwins Global Risks – formerly THB London. Amwins Global Risks is the international brokerage arm of Amwins, one of the largest specialty insurance distributors in the United States.

This strategic alliance provides us with a broader platform for growth and allows us to develop and strengthen our services for our clients. It also allows us to be a part of and support the network of Amwins Global Risks partner companies, which in Latin America retain the THB brand.

We prioritise the quality of our service on the basis of certainty and professionalism.

Shareholders

With over 35 years in the insurance and reinsurance business, Rodrigo has held various positions within the industry.

In 1999 he founded SRC Re – now THB Regional – after obtaining representation from London Special Risks Ltd., Lloyd’s broker.

He developed the company’s global course of action with a down-to-earth and practical approach.

He continues inspiring and incentivizing the team to achieve goals through concrete action.

Rodrigo remains President of the Board of THB Uruguay and THB Regional.
He also presides over SRC EU, an insurance and reinsurance brokerage company in Spain.

Finally, he is also a partner of Blue-Ribbon Technology, a technology solutions company for the insurance and reinsurance industry.

Rodrigo Dodd

Shareholder

With more than 20 years of professional experience, Verónica developed THB Uruguay’s vision and strategy.

She rearranged the company’s structures to achieve a dynamic and motivated team and, at the same time, improve the company’s capacity for change and adaptation. As a change manager, she ensured the company long-term sustainability.

Her decisive and focused leadership allowed her to cultivate genuine relationships based on respect and trust.

Verónica remains Vice President of the Board of Strategic Reinsurance Consulting S.A. (THB Uruguay).

She is also a director of Thompson, Heath & Bond S.A. (THB Regional) and Special Risks Consultants S.L. (SRC EU), an insurance and reinsurance intermediary in Madrid.

Finally, she chairs Blue-Ribbon Technology Ltd., a technology company that provides comprehensive software for reinsurance brokers.

Her critical and logical thinking, enthusiasm, and ingenuity were decisive management approaches in standardizing, organizing, and designing this software.

Verónica Dannemann

Shareholder

AmWins Global Risks (formerly THB London) is an international insurance, reinsurance, and risk management specialist.

From its London headquarters, it runs one of the largest and most successful Lloyd’s broking operations in the specialty market sector.

Its global platform of offices, strategic partnerships, and local expertise allow AmWins Global Risks to have clients, markets, and spheres of interest on every continent.

As part of AmWins Group Company, the largest wholesale distributor of specialty insurance in the United States, they have the commercial and intellectual resources necessary to meet the most exacting demands.

More importantly, AmWins Global Risks embodies the values of integrity and entrepreneurship upon which we built THB Uruguay.

All international operations in Latin America and Asia have retained the THB brand, an AmWins Group Company.

Amwins Global Risks Ltd.

Shareholder

Board of Directors

Rodrigo Dodd

President

Verónica Dannemann

Vice-president

Services

Reinsurance Brokerage & Consulting

Financial
Lines

We designed a wide-ranging coverage that adapts to new forms of crime without neglecting the traditional. We offer protection for typical crimes such as Employee Dishonesty, Embezzlement, Forgery, Computer Fraud, Theft, Errors and Omissions, and Directors & Officers Liability. We also provide coverage for more sophisticated crimes, such as Internet Hacking, Social Engineering, Cyber Fraud, Extortion, and others.

Cyber
Risks

We offer comprehensive insurance to help our clients assess and manage cyber risks. We cover damages to third parties, incident management, investigation, notification to those affected, direct losses or personal damages, damages caused to the company, legal aspects in case of domain theft and defamation, the cost of recovery of stolen data, compensation for losses and expenses arising from the cyber-attack, containment of the reputational crisis, among others.

Property

Our coverage protects the insured against material losses suffered directly to an asset of his estate. Our protection can extend to machinery breakdown, business interruption (loss of profit), access interruption, interdependence, and extension to customers and suppliers.

Some of the risks we cover are Fire and Allied Risks, Operational Risks, Transmission Outages, Contractor’s Equipment All Risks, Electronic Equipment, Machinery Breakdown, Business Interruption, Strikes, Riots, and Civil Commotion.

Energy

As energy sources are constantly evolving, we keep up to date with market conditions to offer top-quality solutions for exploration and production, transport and storage, and distribution and commercialization, among others, either of conventional or renewable energies.

Civil
Liability

We cover a wide range of risks such as Clinical Trials, Environmental Liability, Product Liability, Spectator Liability, Public Officials Liability, Automobile Liability, Product Recall, and Contaminated Product Insurance.

Personal
Accidents

Our product covers bodily injuries suffered by an individual in the event of an accident or accidental death, whether in their private life or in the course of their professional activity. We cover various activities, including professional athletes and high-risk activities such as diving, skiing, mining, etc.

Life & Health

Our Life and Health insurance protect family members in difficult circumstances to face the future without worry and uncertainty. The category includes a variety of coverages such as Group Life, Credit Life, Personal Accident/Sickness, Premium Life, Medical Expenses, Personal Accident and Medical Expenses, Catastrophic Life, and Term Life.

Parametric
Insurance

At THB Uruguay, we offer parametric insurance, also known as non-traditional or index-based insurance. The most common policies are currently for agricultural risks such as frost or forest fires. These events get measured by objective parameters or indexes related to the risk exposure (e.g., wind speed or millimeters of rain). The insurance takes place if it complies with the parameters established in the policy.

Automatic Contracts

Automatic contracts establish the framework within which the relationship between the reinsurer and insurer will develop. This contract enables the direct insurer to operate freely within agreed limits and provides advantages of operational agility and competitive ease.

Solid contracts provide insurers the capacity and possibility to accept operations with characteristics and amounts that they would otherwise not be able to handle. It also allows them to achieve intelligent risk management and distribution, better conditions, and more limits.

The automatic contract issued by Bordereau, specifies the risks accepted, the premium amount, and the claims incurred. This modality allows companies to retain ceded premiums and the possibility of using these amounts throughout the quarter.

Automatic contracts are also beneficial to the reinsurer because they hold a fixed volume of premium over a long period and reduce the administrative costs associated with facultative individual placements.