Insurance Post

UIB announces Brazilian tie-up

London-headquartered United Insurance Brokers group (UIB) announced a new venture in Brazil as part of an expansion strategy for Latin America.UIB claims it has negotiated an exclusive representative agreement in Brazil with Re Corretora de Resseguras Limitada, which formerly partnered with Alexander Forbes.UIB has also been formally approved to handle reinsurance business out of Brazil by the IRB Brasil Re. UIB said it plans to develop new business in the energy, construction, aviation and