Cambiaso Risso, joint con Korsa Brasil per espandersi in Sudamerica

Cambiaso Risso, a major international broker specializing in marine and naval risks, is entering the South American market through a partnership with Brazilian company Korsa Brasil. This joint venture, named Cr Korsa Brasil, will focus on maritime, naval, port, offshore, and oil & gas sectors. The company will be co-owned by Cambiaso Risso (51%) and Korsa (49%).

The goal is to strengthen the international group's presence in the Brazilian market and expand into other Latin American markets. Cr Korsa aims to generate $10 million in annual revenue starting in 2028. The company will offer services in maritime transport, hull & machinery, civil liability, ports, shipbuilding and repair, offshore operations, oil & gas, energy, superyachts, cargo, and P&I coverage.

Cr Korsa will also focus on Brazil's maritime, port, and offshore infrastructure development projects. The company's headquarters will be in Rio de Janeiro, one of the country's key maritime clusters. James Theodoro, CEO of Korsa Riscos & Seguros, will become CEO of Cr Korsa Brasil, leading the new company's activities. Mauro Iguera, CEO of Cambiaso Risso, stated that the Latin America region offers an opportunity to further develop the energy/offshore and reinsurance pillars of their strategy, in close collaboration with offices in London and Scandinavia.