IBERIAN Insurance Group was one of the companies invited to participate in the panel discussion on the role of underwriting agencies among the alternative markets for mediation activity that took place at the Forinvest 2024 International Insurance Forum, held in Valencia on March 7 and 8.
Dario Spata, CEO of IBERIAN, presented the company’s success story to the attendees, highlighting IBERIAN’s specific focus on niche markets, specializing in areas where experience and technical knowledge are key, such as Surety, Professional and General Liability, and Decennial Insurance. He also highlighted the strong relationships with top-tier reinsurers, as IBERIAN works with prestigious companies such as AXA XL, Lloyd’s, Zurich and Great American.
Spata also recalled that the company has experienced steady growth in recent years, exceeding €1 million in EBITDA for five consecutive years, with a peak of more than €2.5 million in a single year. In terms of R&D, IBERIAN is committed to technological innovation, with a team of seven programmers developing proprietary software.
But if there is one thing that sets IBERIAN apart, it is undoubtedly its corporate culture: a collaborative and innovative work culture, where 100% of the company is in the hands of the employees. The company is characterized by a positive and motivating work environment, with modern facilities that include a gym, break room, terrace and even a beer tap.
The road to success
On the other hand, IBERIAN’s top executive also shared IBERIAN’s inspiring story. Founded in 2014 after eight years in an insurance group, Spata decided to undertake his own project with a small office in Seville and an initial capital of 3,000 euros. The company grew little by little, thanks to Spata’s experience and the trust of its first clients and brokers, to become, today, a reference in the national market.