Carrion, Laffitte & Casellas Inc., an insurance brokerage firm based in Puerto Rico, was named a partner firm of Columbus, Ohio-based Assurex Global, a privately held insurance brokerage group.

Carrion, Laffitte & Casellas Inc. joins 117 other Assurex Global Partners numbering more than 500 offices in 74 countries on six continents. Each partner is selected after being identified as the strongest insurance agency or brokerage in its respective region.

The firm, with headquarters in San Juan's financial district, was established in 2004 following the merger of CF&O Insurance Brokers Inc. and Carrion & Laffitte Inc. It is one of the top locally owned insurance brokers in Puerto Rico. The firm said it offers a variety of commercial risks and risk management services and specializes in handling clients with difficult risk profiles.

"Carrion, Laffitte & Casellas is an outstanding addition to Assurex Global," Jim Hackbarth, Assurex Global's chief executive officer, said in a statement. "We don't choose partners simply to fill a dot on a map. We carefully evaluated the insurance industry in Puerto Rico and truly believe we've found another outstanding firm who will strengthen our organization through their contributions and interactions with other partners."

Jose Carrion III, a principal of the brokerage firm, said: "We credit our staff of 38 employees--which includes seven young, active partners--with our tremendous growth."

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.