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OceanRe opens new subsidiary in Moscow with Denis Nikolaytsev as Head of Representative Office

Ocean RE seeks to maintain stable and transparent relationships with clients through local offices

Ocean RE, the renowned international reinsurer, continues to expand its global footprint with the inauguration of its new representative office in Moscow, Russia, as part of its growth strategy to achieve a more relevant position in the reinsurance industry and risk business. Most of the reinsurance operations in Russia are carried out by international companies, among them Ocean RE.

This new subsidiary is located at 4th Lesnoy Lane in Moscow and is managed by a specialized and professional representative, Denis Nikolaystev, Head of Representative Office, who has comprehensive experience with underwriting processes and methodic brand development.

He also owns a profitable portfolio of Property and Engineering businesses, two of the more frequent lines of reinsurance business in Russia, and has a deep knowledge of the local market.

“The goal Ocean RE seeks is to achieve a local presence in all the countries we handle operations, in order to offer flexible and prompt assistance to all our clients and an immediate business relationship with brokers” mentioned Nikolaystev, Head of Representative Office.

Ocean RE’s approach is to establish long-term and transparent relationships with all its clients. This lineal inauguration of the representative offices around the world will contribute to the globalization of the brand and its current operations, which are ultimately key factors for attracting new customers and experiences at a global level.

Ocean RE keeps exploring the international risk business

Ocean RE´s operations will now have an exponential reach and every client manages to use this as an advantage to participate in different markets and get involved in different types of businesses.

“Working as an international group, with the support of an MGA (Managing General Agent) and a variety of incredibly experienced professionals will contribute to the company’s growth and we are very proud of what we have achieved in such a short time.

Thanks to our international scope, Ocean RE is now able to explore, examine and develop different solutions based on the needs of every region we have a presence in,” stated Carlos Chamorro, Ocean RE’s CEO.

The reinsurance company is in constant growth and continuously exploring the future of the risk business, as changes in the risk landscape are substantial and frequent.

Throughout the years, Ocean RE has pioneered many innovative solutions so that these constant and abrupt changes will not affect the way they make business but help them to prevent and manage every situation in the best way possible for each of their clients.

The continuous opening of representative offices around the world and the development of these new solutions mean great progress for Ocean RE in expanding its reinsurance footprint globally, allowing them to continue adapting its services into different markets to become much more recognized in the reinsurance business, gaining experience in business lines that are not yet implemented in Latin America, to apply them to their different service portfolios in Panama, Colombia, and Mexico.