Colemont announced today that the company has expanded its global network with the acquisition of a majority shareholding in a Brazil based insurance broker Riscon Consultoria, Gerencia de Riscos e Corretagem de Sugros S/C Ltda. The company will now trade under the name Colemont Brazil and will continue to operate as a full service insurance brokerage firm with offices in Rio de Janeiro and São Paulo.

“The addition of Colemont Brazil and our new offices in Rio de Janeiro and São Paulo are vital parts of our strategic growth plan in Latin America”, said Surinder Beerh, Chief Executive Officer of Colemont Global Group. “We are delighted to have signed up such an experienced team, and I know that Colemont Brazil will not only continue to provide excellent service in the Brazilian market, but will also contribute significantly to our international growth”.

Eduardo Lucena has been appointed Chief Executive Officer and Henrique Lucena will serve as the company’s Chief Operating Officer.

“Joining the Colemont family means we gain the strength and security of one of the fastest growing insurance brokerage networks in the world” said Eduardo Lucena. “Our name will be changing, but our brokers will continue to create individual tailored insurance programs and risk solutions for our clients” adds Henrique Lucena.

Colemont Brazil is now part of Colemont Global Group and backed by Colemont Corporation, the parent company of Colemont Insurance Brokers, one of the largest specialty wholesale insurance brokers in the United States. Colemont’s rapidly growing worldwide operations employ nearly 700 people who together placed $1.3 billion in gross premium volume last year. Learn more at www.colemont.com/global.

Colemont Global Group
Colemont Global Group is the hub for Colemont’s new full service worldwide insurance and reinsurance brokerage network. Established in early 2005 by Colemont Corporation, Colemont Global Group is backed by one of the largest specialty wholesale insurance brokers in the United States. Since its inception, Colemont’s global network has rapidly expanded its operations, opening offices in Chile, Dubai, Estonia, Finland, Latvia, Miami, Russia, Spain, Sweden, Brazil and the United Kingdom. To learn more visit www.colemont.com.