Lockton Caribbean & Central America, the Miami-based wholesale insurance and reinsurance business within Lockton Cos. LLC’s Latin America and Caribbean Insurance Services Series, Tuesday announced the launch of CCA FAB, a food, agriculture and beverage practice focused on the region.
The unit will offer coverages including liability insurance and contract review, crop insurance, stock throughput solutions, product liability and recall insurance, reputational damage insurance, and financial and professional coverages, Lockton Caribbean & Central America said in a statement.
Lockton named Miami-based directors Simon Arden and Mario Martinez as co-leaders of CCA FAB, and they will both report to Julian Pratt, CEO of Lockton CCA, and Tony Matta, president of CCA, the statement said.
The food, agriculture and beverage sector in the Caribbean and Central America is growing and evolving, Mr. Arden said in the statement.