In 2015 the Rainmaker group acquired a majority interest in MBI Americas, now XS LatAm, a well-known regional MGA and Coverholder at Lloyd’s. The group’s foot print and ambitions now encompass the underwriting space utilizing strong synergies that exist between the group’s core business mentioned below. Our unique structure provides us opportunities to deploy targeted reinsurance capacity either directly to corporates, or to retail brokers via expert and locally based underwriters. We are proud to say we invest in talent and our team have proven skills, excellent access and a proven track record for underwriting profitable business in the Latam region and beyond.
The Rainmaker Group was founded over 10 years ago and today has offices in Mexico, Barbados and Miami and is 100% privately owned. The group is primarily focused on providing alternative risk financing solutions to corporates in Latin America which includes captive consultancy and management, risk management consulting and advice, actuarial services together with advice, design and structure of risk transfer solutions for complex and unusual risk transfer requirements of their clients.
The group also has a small but growing reinsurance company in Barbados called Eureka Re.