Lockton Re bolsters Brazil treaty with IRB Re's Botti

By Michael Jones

March 11 - (The Insurer) - Lockton Re has appointed IRB Brasil Re's Rodrigo Botti as treaty country head for Brazil.

The reinsurance intermediary said that Botti would focus on the growth of its capabilities in the Latin America and Caribbean regions.

Botti has joined from a near two-year stint at IRB Brasil Re, where he served as CFO and chief actuarial and technology officer.

He joined IRB Brasil Re in May 2023 from his role as a partner at investment banking firm One Partners. This followed senior roles at Terra Brasis Resseguros, Citigroup, Deutsche Bank and Banco Safra.

Lockton Re expanded its Latin American presence in 2024 through the launch of a Mexican treaty operation and a reinsurance brokerage in Colombia.