Two New Partners Join Assurex Global

Assurex Global expands worldwide partnership of independent insurance brokers with leading firms in the Middle East/Africa and Puerto Rico

COLUMBUS, OHIO – Chedid Capital Holding in the Middle East/Africa and Guerra Tamayo Insurance, LLC in San Juan, Puerto Rico have joined Assurex Global effective June 1, 2021. These firms are now included in the 105 independent brokerages that make up the worldwide partnership.

“As Assurex Global continues to add Partners and expand its presence all over the world, we are thrilled to welcome these two excellent organizations to our group of entrepreneurial, innovative, and trusted insurance firms,” said Assurex Global President & CEO Dean Hildebrandt.

Chedid Capital Holding

Founded in 1998, Chedid Capital Holding is a network of insurance brokers in the Middle East and Africa. 2010 marked the turning point for its expansion, with the launch of both Seib Insurance and the Chedid Insurance Brokers Network. In 2015, Chedid expanded into Africa and celebrated its official registration as a Lloyd’s broker. Most recently, Chedid has purchased most of ASCOMA’s brokerage business in Africa, positioning them as a leader in Africa and the Middle East.

“We are delighted to join Assurex Global and become a part of this prestigious worldwide partnership,” said Farid Chedid, Chairman and Group CEO of Chedid Capital. “Assurex Global joins over 100 independent brokers around the world, unified by a shared commitment to best practices and client service. Our dynamic organization brings energy and expertise in providing the best services to our clients. With the extensive knowledge base and resources of Assurex Global, we consider this step to be an excellent growth opportunity for our business and our clients,” he added.

Guerra Tamayo Insurance, LLC

Founded in 1981, Guerra Tamayo Insurance is a mid-size brokerage in San Juan, Puerto Rico specializing in gas stations, independent grocery stores, retailers and commercial real estate, condominiums, ocean marine/cargo, and professional lines. Guerra Tamayo Insurance has strategic alliances with two other firms, enabling their scope of business to include life, credit, and health care benefits (Olympic Insurance Agency) and U.S. mainland insurance needs (Anchorage Insurance).

“The key to our success has been not necessarily growing from within but rather learning to grow along with like-minded partners by means of strategic alliances,” said Guerra Tamayo Insurance President Armando Jay Guerra. “We have no doubts that Assurex Global and its partners will allow us to continue strengthening our success vision.”

About Assurex Global

Assurex Global is the world’s largest privately held commercial insurance, risk management and employee benefits brokerage group. The company operates as an exclusive Partnership, supported by more than 100 of the world’s most respected and successful insurance brokers. For more information, visit www.assurexglobal.com.