IBERIAN celebrates its fifth anniversary with a 60% growth in its insurance premium portfolio in 2019

IBERIAN INSURANCE GROUP has celebrated its fifth anniversary with the now traditional day of coexistence ‘IBERIAN Day‘, an event attended by more than 90 personalities from the national and international insurance sector.

During the celebration of the event in the Lobby Hotel Room in Seville, the CEO of the Seville underwriting agency, Darío Spata, thanked all the attendees for their participation, especially those from other countries such as the United Kingdom, Holland or Belgium. In his speech, Spata summarized the history of the company in its five years of life, from its beginnings in 2014, working with only three brokers until 2019, surpassing 250 brokers and collaborating with insurance partners such as AXA XL, Lloyd’s or Credendo.

“IBERIAN’s philosophy in these first five years since it was born has always been the same: to offer the best product to our network. From the very first day, all our efforts have undoubtedly been the main reason for the growth and consolidation of our company as one of the market leaders. The formula seems simple, but it is difficult to achieve: we work with the best binders, the best brokers and the best insurance products“, explained Darío Spata.

Cristian Mateos, Senior Underwriter & Partner of IBERIAN, shared some of the business figures of the underwriting agency, pointing out that “our insurance premium portfolio grew 40% in 2018, and in 2019 we will close with a growth of more than 62%. By 2020 we will have a global portfolio of 16 million euros in all our products.

“In 2018, according to official sources and in terms of business, IBERIAN was the fifth largest underwriting agency in the country. In 2019 we will be in the top two. And in 2021 we are sure that we will be the first“, said Mateos, who also said that “in Professional Civil Liability alone, we have made 700 new policies this year, which added to the rest of products, bringing a total of 3,000 our customers.

This edition of ‘IBERIAN Day’ was attended by some ninety guests including brokers, binders and friends, including senior executives from companies such as Lloyd’s, Credendo, AXA XL, Willis Towers Watson Partners, Rasher, Ores & Bryan, Viafina and Howden Iberia.