EmerioBanque

Swiss Re Enters North America Trade Finance World

One of the biggest re/insurance conglomerates, Swiss Re, has hired two new faces to improve their services. The new hires are in their recent venture into the North American trade finance market. Let’s take a look at the new hires for this unit.

First on the list comes Basil Louvaris, who will be assuming the role of senior lead and underwriter for the North American Unit. Previously, he was an underwriting manager in the transactional cover unit of Euler Hermes for six years. Before that, he was a C.V. Starr and Chubb as a political risk manager. Louvaris will assume his post in New York and report to Marilyn Blattner-Hoyle, Swiss Re’s global head of trade finance.

The second recruit is Avni Scerbo, the new trade finance underwriting analyst. Based in Illinois, Scerbo joined the conglomerate in 2017. She will be moving from her previous post of senior underwriting associate and will join the North America surety operations team. Scerbp will be reporting directly to Maria Athey, Swiss Re’s operations manager for surety and credit design, North America.

Marilyn Blattner Hoyle’s LinkedIn statement highlighted how hopeful the company is with its new hire. They look forward to serving their brokers and clients in the new trade finance division of North America.

She elaborated that Avni will be responsible for all the end-to-end trade finance North American operations to ensure maximum success. On the other hand, Louvaris will be accountable for all the trade finance business in North America, overseeing and making profitable growth strategies.

That’s all we know for now. Stay tuned for more updates.





Other news

Exchange Rates

Currency Buy Sell
EUR USD 1.06 1.10
EUR GBP 0.86 0.89
EUR CHF 1.02 1.06
EUR AUD 1.72 1.70
EUR JPY 116.08 116.56
EUR MYR 4.50 4.77
EUR SGD 1.53 1.57
EUR HKD 8.27 8.53
EUR CAD 1.54 53.84
EUR DKK 9.75 1.55

Most Recent Blogs View All Blogs

06 May

Accelerating Digital Transformation In Trade Finance

The intense need for digital trade finance is not hidden from anyone.The present volatile market hig...

03 May

How Digitization Brings New Opportunities In Trade Finance?

ISO 20022 will turn into a new universal standard for electronic information exchange between financ...

26 Apr

What is a Transferable Letter of Credit and How Does it Work?

What is a Transferable Letter of Credit?A Transferable Letter of Credit is a letter of credit facili...

Disclaimer

Emerio Banque is an innovative global financial institution incorporated in England and Wales with Legal Entity Identifier 875500DGPPWAFABBK130. Emerio Banque does not offer its products and services to businesses and/or persons registered in the United Kingdom.

No information on this website should be construed as a solicitation, offer, recommendation, and representation of suitability or endorsement of any security, investment or strategy.

Important Notice

Emerio Banque would like to advise its customers to report any suspicions which they may have regarding the identity of any intermediary who promotes products or services offered by us or any intermediary bearing similar names. You should verify with Emerio Banque by calling our Customer Service Number on +44 203 059 7831 or emailing help@emeriobanque.com

Please also be aware of bogus SMS messages and voice message calls or fraudsters who impersonate the staff of Emerio Banque.

We have recently become aware of a number of entities with different names misrepresenting themselves as associates, partners or agents of Emerio Banque.

Please be informed that Emerio Banque is not associated with nor do we have any business connections or dealings with such institutions.

Emerio Banque takes all information regarding suspicious fraudulent activity very seriously. Please immediately inform us at compliance@emeriobanque.com if you suspect or are approached by persons misrepresenting or impersonating Emerio Banque and/or its officials. We will make investigations and will take legal action where necessary.