Offshore life assurance company RL360 has opened up a new representative office in Montevideo, Uruguay.

The firm said the move illustrated RL360’s commitment to its Latin American business and confidence in the level of sales growth in the region.

Two administrative staff based in the Montevideo office will support the work of the three-strong sales team working across Latin America.

Leon Sears, who has headed up Latin American sales since RL360 expanded into the region in 2014, said: “Opening up in Montevideo really illustrates how importantly we view the Latin American market. Our staff will be able to...