MDS Group, the Iberian, Latin American and African insurance broker, has appointed Tiago Mora as a director of its recently formed fully owned subsidiary MDS Africa.
MDS Africa is led by Ana Cristina Borges and was launched in 2012 to target insurance and risk consulting clients based in the continent.
Mr Mora, who is also the Chief Executive Officer of the group’s risk engineering company, Herco, joined MDS in 2007 and has been instrumental in the development of the African business. He has a deep knowledge of the local culture and insurance markets and a strong risk engineering and property insurance expertise.
Mr Mora earned a degree in engineering machinery with a specialty in safety engineering. He has extensive experience in risk analysis, traditional and alternative risk transfer including captives, complex claims management and is a highly respected expert in the insurance and reinsurance industries.
José Manuel Fonseca, President and Chief Executive Officer of MDS Group said: “The development of MDS Africa is a very exciting step for our business. The strengthening of this new team through Tiago’s appointment reinforces our strong commitment to the continent and ambitions to become market leaders as we are already in Portugal and Brazil.”