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UIB wins Mexican state electricity utility account

7 July 2017

Lloyd's (re)insurance broker UIB has won the account for Mexico's state-owned electricity generation utility Comisión Federal de Electricidad (CFE - the Federal Electricity Commission), Inside FAC can reveal.

The CFE (re)insurance programme was previously placed by London broker Cogent under the direction of CEO Mark Bishop until this latest renewal, and was historically an Aon Benfield account.

CFE, which is wholly-owned by the Mexican government, is one of the largest electric utility companies in Latin America.

Of the approximately 68...

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