FGI Worldwide, a provider of working capital financing and trade credit insurance solutions, has announced the hiring of Victor Espinosa as managing director, FGI Risk. Based out of the Boca Raton office, Espinosa will lead the overall strategy, performance, and growth of FGI Risk, FGI’s full-service trade credit insurance brokerage and risk advisory division.
“We are thrilled to have Victor leading FGI Risk,” said Sami Altaher, CEO. “With 20 years of experience across risk management, underwriting, and distribution strategy, Victor brings deep industry expertise and tremendous value to the brokerage team. His leadership and proven track record of driving growth make him ideally suited to advance the division’s continued expansion and long-term growth.”
“FGI Risk is uniquely positioned to redefine how businesses access and leverage trade credit insurance in an increasingly complex risk environment,” said Espinosa. “I am excited to join FGI at this pivotal moment, backed by the resources and vision of Goldman Sachs Alternatives, and look forward to guiding the talented Risk team as we build on the division’s strong momentum to unlock new opportunities for our clients and partners.”
Espinosa’s career includes senior roles in broker relations, commercial underwriting, operations management and specialized experience structuring trade credit insurance solutions for financing transactions, including asset-based lending, factoring, and bank-supported credit structures. Prior to joining FGI, Espinosa served as Regional Head of Broker Management, Americas, at Allianz Trade, where he led broker teams across the region to support portfolio growth, profitability and client retention. He also spent 13 years at Marsh McLennan Agency, where he rose to Trade Credit Practice Leader, overseeing a nationwide book of business and building deep relationships with carriers and underwriters across the trade credit marketplace.
