Allianz Commercial to launch hub for Latin America in Miami in 2026

• Hub strengthens Allianz Commercial's Latin American business and supports sustainable and profitable growth in the Americas.
• Miami's connectivity and talent pool position the new office as an optimal base for regional (re)insurance business.
• Focus will be on facultative reinsurance, supporting operations in Argentina, Brazil, Colombia and Mexico and expansion into new Latin American territories.

Allianz Commercial announces the upcoming launch of its Miami Latin America Hub, set to open in February 2026. The office will support business development across Latin America, leveraging Miami´s position as a leading center and talent pool for the Latin American and Caribbean (re)insurance sector. It will centralize resources and expertise to better engage with brokers, clients, and other partners throughout the region, as well as creating an additional presence in the Americas.

The new office will build on Allianz Commercial´s existing business in core markets such as Brazil, Mexico, Argentina and Colombia, while expanding facultative reinsurance across Property, Construction & Natural Resources, Financial Lines (incl. Cyber), Marine and Multinational Services into other Latin American markets, including Chile, Peru, Ecuador, Panama.

David Colmenares, Commercial Managing Director for Latin America at Allianz Commercial, says: "The Miami hub represents a strategic investment in our Latin American operations. This office will strengthen our regional capabilities and enable us to deliver enhanced service and technical expertise to our brokers and clients in the region.”

Shanil Williams, President, Commercial, Americas at Allianz Commercial, adds: "Miami is one of the largest and most mature global commercial insurance and reinsurance hubs, which we are excited to have a new presence in. Opening this hub reflects our strategy to drive diversified growth in Latin America, enhance technical excellence and further integrate the broader Americas region. Miami will be complementary to our local country operations, supporting their own growth and accessing new customers in other markets.”

About Allianz Commercial

Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, financial strength, and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2024, the integrated business of Allianz Commercial generated around €18 billion in gross premium globally. https://commercial.allianz.com/

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· Hub strengthens Allianz Commercial's Latin American business and supports sustainable and profitable growth in the Americas. · Focus will be on facultative reinsurance, supporting operations in core markets and expansion in new territories.