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In 2015, an important group of investors alongside a group of experienced professionals in the Reinsurance industry, acquired a majority interest in MBI Americas. Now, XS Global, a well-known regional MGA and Coverholder at Lloyds. The groups footprint and ambitions now encompass the underwriting space, utilizing strong synergies that exist between the groups core business strategy. Our unique structure provides us opportunities to deploy targeted reinsurance capacity both directly to corporates and to retail brokers via expert and locally based underwriters. We are proud to say we invest in talent and our team has proven skills, excellent access, and a proven track record for underwriting profitable business in the Latin America region and beyond.
The CEDES Group offers its innovative solutions for elevators, escalators, industrial doors, and warehouse management systems in more than 60 countries. We develop intelligent and safe sensing, control and communication devices that provide actionable data streams for higher operational and maintenance efficiency. Our product portfolio ranges from simple photoelectric sensors, through highly complex 3D camera systems in cutting-edge ToF (Time-of-Flight) technology, to complete safety-related control systems and smart IoT-enabling devices.
Our agency is the vision of a small group of insurance professionals who have spent years building large and mid-level risk management agencies. Mythic was born out of their desire to build an agency that caters to a select group of long-term clients who have an investment-minded view and value creativity and flexibility in a business partner. Although we have developed large specialty programs, such as our franchisor/franchisee risk management solution, we relish any opportunity to creatively craft custom risk management programs that mold to a clients specific needs. We offer expert guidance and flexibility to our clients, adjusting as their needs change and grow over time. Our ultimate goal is to make risk management and insurance profitable and as painless as possible.
We are a global precision engineering company manufacturing, supplying and distributing cutting tools to leading industrial companies from our facilities around the world. With a legacy based on commitment to quality, we have been serving our customers from our headquarters in Cavan, Ireland for almost 60 years.