In a strategic move to bolster its international presence, African reinsurer CG Re Group has appointed Ramanuj Seegoolam to its broking team based in the newly established London office.
The announcement follows the opening of the London branch in July 2024, a key step in CG Re Group’s ambitious plan to evolve into a global reinsurance brokerage entity.
Seegoolam is set to play a pivotal role in facilitating facultative reinsurance placements within the Lloyd’s syndicate and across other prominent markets in London and internationally.
With a wealth of experience in facultative reinsurance placements, particularly in the African, Middle Eastern, and Asian markets, Seegoolam is well-equipped to handle a diverse range of business lines.
His contributions have been instrumental in the group’s recent growth, delivering tailored solutions that meet client needs effectively.
Jean Claude Lam Hung, the CEO of CG Re Group, expressed confidence in Seegoolam’s capabilities, stating, “I am convinced that Ramanuj will be crucial to our future growth. His deep understanding of the intricate dynamics in the African, Middle Eastern, and Asian markets, coupled with his insight into client expectations, makes him an invaluable asset. We are committed to supporting Ramanuj to achieve success not just for CG Re Group, but also for our partners – both clients and reinsurers.”
Commenting on the company’s strategy, Lam Hung added, “We are thrilled about the potential growth our London office represents. This move aligns with our vision to establish a global footprint in reinsurance broking, aiming to become a leading international broker. Our London team will focus on placing facultative reinsurance across various business lines.”
Expressing enthusiasm about his new role, Seegoolam remarked, “I am delighted with my journey at CG Re Group and am eager to contribute to the expansion of our London operations. I am committed to providing valuable, customized solutions to our clients seeking facultative reinsurance from Lloyd’s, London, and international markets. Building lasting relationships with underwriters and fostering mutually beneficial partnerships within the insurance and reinsurance sectors excites me greatly.”
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