Vanguard Risk Solutions Welcomes Andrea Balderamos as Chief Executive Officer

Vanguard Risk Solutions (VRS), a leading provider of general and health insurance brokerage services in the Cayman Islands, welcomes Andrea Balderamos as Chief Executive Officer, following approval from the Cayman Islands Monetary Authority (CIMA) and the successful final closing of Vanguard’s acquisition of the business operations of Baldermos Insurance Services Limited.

Andrea succeeds Tom Gammage, who steps down after six years of service as Chief Executive Officer. During his tenure, Tom played a pivotal role in strengthening Vanguard’s position as a trusted and respected insurance brokerage within the Cayman Islands market, and he will continue to support the business in a consulting capacity, to support a smooth leadership transition and ensure continuity for clients, employees, and key stakeholders.

Commenting on her appointment, Andrea Balderamos said, “I am pleased to assume the role of Chief Executive Officer at Vanguard Risk Solutions at an important point in the organizations development. Vanguard has established a strong platform defined by professionalism, service excellence, and a client-centric approach. I would like to acknowledge and thank Tom Gammage for his leadership and commitment over the past 6 years years, which have been instrumental in building a robust and well-positioned business. I look forward to working closely with the Board and the wider team to build on this foundation, advance our strategic objectives, and deliver sustainable long-term value for our clients and stakeholders.”

The appointment follows Vanguard Risk Solutions’ recent acquisition of Balderamos Insurance Services Limited, a transaction that will strengthen Vanguard’s market position and accelerates its long-term strategic objectives. By bringing together the complementary capabilities, experience, and market presence of two established firms, the acquisition enables Vanguard to deliver enhanced service to its clients through broader insurance solutions, deeper market expertise, and greater operational support. Clients of both businesses will benefit from improved access to specialist advice, expanded product options, and the scale required to meet their evolving insurance needs.

As the business enters its next phase under new leadership, Vanguard Risk Solutions remains firmly committed to the highest standards of governance, regulatory compliance, and client service, while continuing to invest in its people, systems, and capabilities to enhance client outcomes and support sustainable long-term growth.