Mr. Gamaliel Figueroa joined J. Jaramillo Insurance in the summer of 2010 as Vice President. He leads the Surety & Construction Department and is recognized as one of the most seasoned professionals in his field of expertise. He is a key member of JJI’s Executive Team combining technical skills, transparency and relationship building for the implementation of the firm’s business model.
Mr. Figueroa has over 20 years of experience in Surety & Bonds, underwriting and strategic planning. He fosters sound, ethical business practices that enable professional relations based on mutual trust and loyalty. He has been instrumental in enhancing the service delivered by JJI as he assists agents & brokers in securing Surety credit lines for their clients in spite of challenging economic conditions.
Mr. Figueroa brings JJI primary insurance company experience for he worked in the Surety departments of local leading companies, such as Puerto Rican American Insurance Company (now MAPFRE) and National Insurance Company (now Multinational Insurance). Later in his career, he assumed the risk related with founding a managing general agent specialized in construction surety bonds and builder’s risk policies. Five years after, Mr. Figueroa decided to merge his book of business with JJI, envisioning a managing general agent that would withstand the challenges of today’s new economic plain field. Mr. Figueroa has been a speaker at various surety international conferences and has published articles in newsletters for prestigious surety associations.
Mr. Figueroa holds a Master’s degree in Business Administration from the Interamerican University of Puerto Rico and a Bachelor’s in Business Administration from the University of Puerto Rico. He is a Certified Insurance Counselor (CIC) and an Associate in Fidelity and Surety Bonding (AFSB) of the American Institute of Chartered Property & Casualty Underwriters.