Octavio Sarmiento

Name: Octavio Sarmiento
Nationality / Residence: Colombian / USA- Ecuador
Education : System Tech.   University Cedesistemas Col.
Law of Insurance specialization University Javeriana Col.
Risk Engineering Specialization University .Javeriana Col.
Language : Spanish - English

Professional Training : Engineering Insurance . Munich Re. Venezuela.
Loss of Profits  (Business Interruption) Munich Re Col.
Reinsurance Specialization  (Treaties, facultative, Excess loss) ACTER
Engineering Risk NFPA - OPCI Col.
Management  of Insurance & Reinsurance Companies .  Cologne Re Germany
Risk Management Consortium Chile
Machinery Fault Evaluation University  Javeriana  Engineering faculty Col.
Analysis of Results Insurance Companies  Underwriting & Reinsurance  ACTER

Professional Experience : 32 Years in the insurance business
Underwriter for Colseguros Allianz  (1978 – 1983 ) Industrial & commercial risk

Technical Manager Liberty Colombia (1983 – 1986 ) Underwriter all lines &  Reinsurance Management with responsibility for structuring, management and  control of technical and financial  performance  of the reinsurance contracts and placement of facultative risk

Insurance & Reinsurance Manager  Chubb Col. (1986 – 1988 )  Underwriter all lines & Reinsurance Management with responsibility for structuring, management and  control of technical and financial  performance  of the reinsurance contracts and placement of facultative risk

Technical Vice-president Royal & Sun Alliance (1988 – 1995 ) Underwriter all lines & Reinsurance Management with responsibility for structuring, management and  control of technical and financial  performance  of the reinsurance contracts and placement of facultative risk .

General Manager Condor Insurance Company Ecuador  ( 1995 – 2000 )

CEO & General Manger I & C Engineering USA  ( 2004 – current )

General Manager   ATS Insurance Broker Ecuador ( 2007 – current )

Speaker in conference of : Engineering insurance , Risk Engineering, Management ,Systems, Earthquake Accumulation and cost, Reinsurance facultative, Loss of Profits, Results of insurance company .
Colombia - Ecuador -Panama.

Member of :
Technical Chambers of Insurance Association. Colombia.
Boards Directors Insurance consortium Colombia
Board Directors Seguros  La Union Colombia
Board Directors of Colombian School of Insurance.
Board Directors of Chambers of companies ,Ecuador ( 1996 – 1999 )
Board Directors of Reaseguradora de Ecuador  ( 1998 – 1999 )

Shareholder :
STM&C, llc USA /  Insurance & Consulting Engineering Co. Llc   USA   /   ATS   Ecuador