Manny Rios new CEO of Telesure

Manny Rios,Chief Executive Officer, Telesure Investment Holdings

Telesure Investment Holdings today announced the appointment of Manny Rios as its Chief Executive Officer.

Rios joins Telesure from Cincinnati, Ohio in the United States where he was the President and CEO of American Modern Insurance Group, a subsidiary of Munich Re.  At American Modern, Rios was credited with successfully introducing several large technical initiatives along with improving bottom line performance and growing the business. 

Prior to this, Rios held various positions at Allstate Insurance Company, served as the Senior Vice President and Chief Underwriting Officer at United Services Auto Association (USAA) and was the Chief Underwriting Officer at Homesite Insurance. 

At Telesure, Rios will be responsible for the success of the Telesure group which comprises the following portfolios: Telesure (Short-Term Insurance, Financial Services and 1Life), Telesure Sigorta ve Reasurans Brokerligi in Turkey, Steyn City Properties, and The Saxon Hotel.  

These subsidiaries have an established team of CEOs in place - Tom Creamer (Telesure’s Short-Term Insurance businesses), Laurence Hillman (1Life and Telesure Financial Services), Bradley Du Chenne (Telesure Sigorta ve Reasurans Brokerligi ), Giuseppe Plumari (Steyn City Properties) and George Cohen (The Saxon Hotel).  Together, their sights are firmly set on taking the group to even greater heights. 

Stephen Klinkert, Group Chairman of Telesure, said: “We have spent significant time searching for a Group CEO with extremely strong credentials to take the helm and I am delighted that we have been able to attract a candidate of Rios’ calibre. He will be a great addition to the Telesure leadership team and I look forward to working with him.” 

With over 30 years of global insurance experience, Rios’ appointment heralds an exciting new era for Telesure.  “I’m delighted to be joining Telesure. What attracted me was the Group’s focus on wanting to find better ways to do things, its reputation for being first to market and its strategy of using technology to make it better and easier for the customer.”