Speaker details

IBA Annual Conference Mexico City 2024

15 Sep - 20 Sep 2024

Centro Citibanamex, Mexico City, Mexico

Speaker information

Diego Novoa Castaneda

Biography

Vice President with more than 15 years of experience in financial services including multinational banks and Insurance companies, specialized in Corporate Development, Property and Casualty and Surety working in Latin America and the U.S. In my current role as Vice President of Corporate Development at CHUBB Insurance I spearhead strategic initiatives to drive growth and enhance value throughout Latin America. My responsibilities include Mergers & Acquisitions (M&A), Strategic Planning, Market Research, Financial Modeling and Valuation, Due Diligence, Negotiation & Deal Structuring, Post-Merger Integration, Partnership Development, and Investment Analysis. As a Director of the Property & Casualty sector, I oversaw a business, in Puerto Rico, with a Gross Written Premium (GWP) of $132 million, steering both commercial and operational strategies. I lead a dedicated team of underwriters, including 4 direct reports, and work tirelessly to build and strengthen relationships with strategic partners, including clients, brokers, agencies, and reinsurers. My role involved actively promoting cross-selling strategies to maximize business opportunities and ensure a seamless interaction between various lines of business. In the Surety domain, I manage operations across Argentina, Brazil, Chile, Colombia, Panama, and Peru. As the regional authority for a $40 million portfolio, I oversee underwriting guidelines, P&L, and commercial strategies. I lead a team of 68 underwriters, with 9 direct reports, and am deeply involved in the negotiation and approval of reinsurance programs, including Quota Share (Q/S) and Excess of Loss (XOL). I was responsible for conducting quarterly regional meetings to communicate strategy, goals, and achievements, fostering team integration and best practice sharing. Furthermore, I actively engage in negotiations with clients and beneficiaries to mitigate potential claims and strengthen commercial relationships at both regional and local levels. Throughout my career, I have demonstrated a consistent ability to drive strategic growth, optimize operations, and build strong, collaborative relationships across the financial industry. My leadership in corporate development and my comprehensive understanding of the Latin American and U.S. markets have been instrumental in achieving sustained success and delivering exceptional value to stakeholders. I’m fluent in Spanish, English and Portuguese and I’ve traveled to more than 30 countries in 4 continents in search of cultural enrichment, self-actualization and a broader global view.

Session

Effective and efficient networking for women lawyers

Wednesday 18 September (1430 - 1545)

PALACIO DE CANAL 7, LEVEL E1

Speaker