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Cambiaso Risso, partners with Korsa Brasil to expand into South America

Cambiaso Risso, one of the main international brokers specialised in maritime and naval risks, is entering the South American market through a partnership with a Brazilian company, focusing on the maritime, naval and port sectors,...

Translated from Italian Read in Italian

Cambiaso Risso, partners with Korsa Brasil to expand into South America

Cambiaso Risso, a major international maritime and naval risk broker, has entered the South American market through a partnership with Brazilian company Korsa Riscos & Seguros. The joint venture, Cr Korsa Brasil, will focus on maritime, naval, port, offshore, and oil & gas sectors, with a goal of reaching $10 million in annual revenue by 2028.

The company will be 51% owned by Cambiaso Risso and 49% by Korsa, and will be led by James Theodoro as CEO. Cr Korsa Brasil will serve the Brazilian market, with a focus on infrastructure development projects, and will also provide a gateway for Cambiaso Risso's expansion into other Latin American countries.

Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at ilsole24ore.com →

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