TFP’s Imala Re appoints Herrera as deputy CUO

Imala Re has appointed Edward Herrera as deputy chief underwriting officer as the managing general agent (MGA) builds out its Latin American and Caribbean treaty reinsurance platform.

The appointment strengthens the underwriting leadership of Imala Re, which began underwriting from 1 January 2026 through The Fidelis Partnership’s Pine Walk platform.

Herrera (pictured) joins from MS Reinsurance, where he spent more than a decade as lead underwriter.

Prior to that, he served as vice president for Latin America and the Caribbean at Everest Reinsurance, having begun his reinsurance career in the early 2000s.

He also held senior underwriting roles at Flagstone Re.

In total, Herrera brings more than 25 years of specialty reinsurance experience and regional market expertise to the role.

Based in Miami, he will work closely with Ivan Vega, CEO and chief underwriter at Imala Re, to support the continued growth of the MGA’s Latin American portfolio.

His remit will include servicing both locally domiciled treaty clients and select multinational cedants.

Herrera joined the business on 5 January.

Imala Re is underwriting catastrophe excess of loss, risk excess of loss and quota share business, targeting property, motor and marine treaty risks across Latin America and the Caribbean.

The MGA is one of 16 active businesses on the Pine Walk platform, which provides underwriting, operational and regulatory infrastructure for specialist MGAs.

Pine Walk’s gross written premium is expected to exceed $1.2bn in 2025, up from $0.9bn in 2024.

Vega said the appointment reflected strong early momentum since Imala Re’s launch.

“Since our launch in October, the positive reception that we have received from clients and prospects has reaffirmed the market demand for high-conviction, differentiated underwriting and for the leadership needed to tackle increasingly complex and interconnected risks,” he said.

“Eddy’s deep market expertise and extensive local market relationships will be invaluable as we seize these opportunities in Latin America and support The Fidelis Partnership’s wider high growth markets strategy internationally,” Vega continued.

Herrera said the combination of a focused regional strategy and global backing was a key attraction.

“To be building out a compelling new MGA offering for the LatAm market whose strengths are complemented by the globally recognised reputation, insights and expertise of The Fidelis Partnership is a uniquely attractive opportunity,” he said.

“It’s a great pleasure to be getting started,” Herrera added.