Blue Signing Re Joins XS Global Through a Strategic Partnership

We are excited to announce that Blue Signing Re, a US-based MGA, has entered a strategic joint venture with XS Global. This partnership represents a significant achievement for XS Global, as it will introduce new business lines, enhancing both our geographical reach and diversification of products.

Blue Signing Re, MGA established in 2022, will complement XS Global’s capabilities, as it brings experience in the underwriting, business development and management of treaty and facultative reinsurance contracts for Life, Personal Accidents, Health, Unemployment and Casualty Motor business lines with an important presence in LATAM and the Caribbean. Jorge Luis Cazar, CEO of XS Global, said: “This is another step forward in becoming a multiline MGA. We are very happy to welcome the Blue Signing Re team to XS Global and we anticipate a successful collaboration”.

Elkin Eduardo Velasquez, founder and CEO of Blue Signing Re, will join XS Global as Global Head of Life, Health, Accidents, Benefits & Casualty Motor lines of business. Elkin Eduardo has over thirty years of experience in the insurance market and has worked in important companies in the Colombian and USA markets such as Colpatria, AIG, Everest Re, and Navigators Re. “Our strategy is based on developing products through a disciplined and profitable underwriting model, supported by a technology-driven operation, comprehensive actuarial analysis, claims control and reinsurance capacity from financially strong and highly rated reinsurance companies. “I’m excited to see us working with XS Global as it will allow us to improve our offerings, products, capabilities, access to new strong reinsurance capacities, and will bring us to a consistent and long-term global presence”, he affirms.