April 29, 2025 – Brown Brothers Harriman (BBH), a leading asset servicing provider for financial institutions and asset managers, today announced that it has been appointed to provide custody and fund order services for Compañia de Seguros Confuturo SA, a leading Chilean insurance company with $2bn in assets abroad.
“We are delighted to be supporting Confuturo and their long-term business goals,” said Daniel Montoya, Managing Director and Head of Relationship Management for Latin America. “Rapid growth, evolving regulations, and increasing product complexity in Latin America are driving the need for dynamic custody and fund solutions. BBH’s custody offerings, bilingual global service model, and deep expertise in the region enable us to customize solutions that protect our clients’ investments and support growth.”
“We are proud to be appointed by Confuturo and to continue our longstanding relationship. This appointment is testament to BBH’s ongoing engagement and commitment to supporting Confuturo’s aspirations for growth,” said Maylin Adames, Vice President and Relationship Manager for Latin American clients at BBH.
“Confuturo's investments abroad have increased significantly, as has the diversity of instruments, counterparties, and transaction frequency. Therefore, we need a partner that can facilitate our operations through simple yet robust processes and the delivery of timely information. We trust that BBH will provide us with the service that will allow us to continue growing and diversifying our investments,” said Alvaro Reyes, Chief Risk Officer for Confuturo.
Today’s announcement demonstrates the depth of BBH’s trusted relationships in Latin America, where the firm has supported pension funds, banks, insurance companies, asset managers, and third-party fund distributors in Chile, Colombia, Mexico, and Peru for almost 30 years.
About Brown Brothers Harriman
Brown Brothers Harriman (BBH) is a global financial services firm known for premium service and specialist expertise. We have a 200-year track record helping clients innovate and navigate complex financial markets. Our 6,000 employees support our clients’ investments in over 90 markets from 18 offices globally. As a private partnership, we are uniquely built to put clients first and create success that lasts.
BBH Investor Services is a leading provider of asset servicing and operating model solutions to global asset managers and financial institutions. Our asset servicing solutions include custody, global tax services, depositary and trustee, accounting, administration, transfer agency, and foreign exchange. Our operating model solutions solve platform, data, and connectivity challenges across open-architecture operating models. We support our clients’ growth, enhance operational efficiency and resiliency, and streamline reporting and oversight.
About Compañia de Seguros Confuturo
Compañía de Seguros Confuturo, is part of Cámara Chilena de la Construcción (CChC), one of the most relevant players in the life insurance industry. We are also a leader in the Annuities category, paying more than 116,000 pensions monthly throughout the country.
For more than 30 years, we have offered wellbeing and financial security to our clients. This experience made us stand out the most in the Annuities and Life Insurance market, with the goal of helping clients solve their protection, savings, and pension needs through sustainable management.
We are also one of the main institutional investors, a leader in real estate assets in the life insurance industry, driving the growth of Chile and its infrastructure. We are also one of the three largest insurance companies in the country considering total assets (e.g., Financial, real estate, etc.).
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