Mission expands into Latin America

Program administrator Mission Underwriters announced the launch of its Latin America platform, focused on building specialized facultative reinsurance programs and expanding the company’s presence across key markets in the region. Alejandro Pedroza has joined the company as President, Latin America, in this newly created role.

Operating from Miami, Mission will partner with experienced underwriters to identify niche opportunities across the region to develop specialized facultative reinsurance programs focused on Latin American risks, initially targeting property, financial lines, and specialty segments.

In 2025, the company finished with over $700 million in gross written premium after launching five new programs in the marketplace.

“We are excited to bring MISSION’s experience in building start-up, de novo insurance programs to the Latin America market. I’m thrilled to be reunited with my former colleague Alejandro Pedroza. Together, we are focused on bringing quality underwriting and risk analysis to the market paired with top-rated capacity, building on MISSION’s success in the U.S.” – Jim Dwane, CEO of MISSION.