Q: How did the name Bee Insurance Corp come about?
A: Bee Insurance Corp is the result of 3 proposed names; but we really liked Bee. Because phonetically it has to do With Bee and Being, in addition to the bees’ working philosophy. Always in group, tireless workers, in favor of the same goal.
Q: Why did you decide to focus on the market in Latin America?
A: Because at Bee Insurance we understand the needs of this market and we are looking forward to producing advanced products that cover the insurance needs of the bulk of the population with products that are easy to understand accessible and at very reasonable prices.
Q: What would you say you have learned after the pandemic?
A: After pandemic we realized we have no limitations on reinventing ourselves. As for me I understood that the world has changed and that we have to be agile and flexible in adapting to the current times that the post-pandemic have brought us. There is much to do and the sky is the limit.
Q: Is there an expansion plan in Latin America or are you working on it?
A: Yes, we have divided it into several phases. The first one has already started with our massive sales market; however, we are also working hard on entering the reinsurance market throughout Latin America.
Q: Is the product portfolio designed for the region?
A: Absolutely. We understand the insurance needs of the region and we want to be pioneers in it with easy and practical products that fulfill the most important thing. “To be with you, wherever and whenever you need it”
Q: What do you consider are the challenges you may face while running the company? (Inflation, globalization, technology)
A: The main challenge is to continue promoting the company to have an important name in the entire Latin American market. Firstly, using the great experience of our working team and secondly using the best technology that we can apply.
Q: We are experiencing complex times around the world, what advice can you give to your allies and policyholders?
A: Do not lose focus of what is being done, work as a team to achieve your goals. In today’s competitive and globalized world, it’s easy to succumb to threats and new market competitors and lose your way.
Trust in yourself and your team; knowing how to listen and learn.
Pedro Villasmil.
COO – Bee Insurance Corporation
