2023 was a year to remember, and the appetizer for a historic 2024

As has been the norm since its inception, 2023 has been a dynamic year – the ninth – in terms of business and media activity for IBERIAN Insurance Group. With numerous events, sponsorships, news, and developments over 12 months, the underwriting agency has continued to establish itself as a reference in the sector, setting the stage for a promising 2024: its 10th anniversary, accompanied by many announcements throughout this special year for the company.

Let’s review the highlights of 2023:

• International Presence and Sponsorships:

  • In February, during the worldwide celebration of insurance, IBERIAN Insurance Group attended the (re)Insurance Week 2023 in Miami, USA. The agency engaged in B2B meetings, reinforcing collaborations and presenting itself to various companies.
  • Simultaneously, the agency participated in the XXX Insurance Week organized by INESE in Madrid, presenting itself as a coverholder of Lloyd’s.
  • In June, IBERIAN collaborated with Albroksa’s National Convention in its 15th anniversary.

• Strategic Partnership and Product Expansion:

  • In June, IBERIAN announced a collaboration with Great American International Insurance (EU) for underwriting surety insurance in Spain.
  • This collaboration was followed by a significant expansion of capacity in Caution for 2024, strengthening IBERIAN’s position as a leading player in this niche.

• Leadership and Association Involvement:

  • In April, IBERIAN’s CEO, Darío Spata, assumed the presidency of the new Spanish Association of Underwriting Agencies (ASASE), emphasizing unity for a stronger representation of underwriting agencies.
  • By October, ASASE officially launched with new members and a refreshed brand.

• Innovative Product Launch:

  • Post-summer, IBERIAN announced a collaboration with AXA XL for the launch of “DEFIÉNDETE”, a new Directors and Officers (D&O) Liability product tailored for different profiles of business leaders in Spain.

 

• Anniversary Celebration and Future Outlook:

  • IBERIAN celebrated its ninth anniversary in November, announcing a 30% increase in surety capacity for 2024. The celebration gathered industry professionals and marked the beginning of preparations for the grand tenth-anniversary celebration in 2024.

• Industry Recognition:

  • To conclude the remarkable year, Darío Spata featured on the cover and had a prominent interview in the 299th issue of Grupo Aseguranza magazine, a leading publication in the insurance sector.

As evident, IBERIAN’s presence and activities in 2023 were noteworthy. With nine years of growth and a solid brand identity, the company is well-established in the Spanish insurance mediation sector. However, this is just a taste of what’s to come in a potentially groundbreaking 2024. Stay tuned!