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.

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