Born on August 19, 1970, Rafael Eduardo Cedeno-Camacho holds both Venezuelan and Italian nationalities. Over his distinguished 25-year career, he has seamlessly combined his technical skills as a public accountant with business acumen to build an illustrious portfolio in insurance and finance.
Education and Early Career
Rafael's academic background showcases his commitment to continuous learning. He earned his public accountant degree from Santa Maria University before furthering his education with a Global MBA from the University of Miami, a marketing degree from the University of California, Berkeley, and two executive programs at Singularity University in Silicon Valley. Starting out at KPMG, he quickly developed a diverse skill set that paved the way for his future accomplishments.
Ascension to Leadership
Today, Rafael serves as Chairman of the Board of One Alliance Insurance Group, a leading conglomerate he co-founded in 2013 in Puerto Rico. One Alliance specializes in health, property, and casualty insurance with operations in the Dominican Republic and the United States. Key entities include:
One Alliance Insurance Company (OAIC): The Puerto Rican entity has shown a 37.1% revenue CAGR from 2019-2023 since being acquired by his investment group.
Singular Insurance Agency: An authorized representative for selling property and casualty insurance.
One Alliance operates globally, offering travel assistance via Axeso Finance and innovative financial solutions through Redi Redi. He actively oversees operations, maintains a busy schedule, and collaborates closely with executives.
Visionary Investments
Rafael Eduardo Cedeno-Camacho's entrance into the insurance world in 2013 began with a consortium of distinguished investors and financial experts. This initiative was the beginning of a new era for market dominance, strengthening their presence across Latin America and several U.S. states, including Pennsylvania, Massachusetts, Georgia, Texas, and Florida. His dedication to expansion is evident in his continuous evaluation of new regions and markets.
Investing in Technology
Rafael has demonstrated his ability to adapt to market changes with strategic investments in technology. One Alliance Travel Assist, an Insuretech platform, allows customers to quote, compare, and issue policies directly. In the Dominican Republic, One Alliance Seguros provides a producer portal, virtual office, and a chatbot, One Service. He is committed to enhancing operations with AI to boost efficiency across the board.
A Vision for the Future
Rafael's strategic foresight is evident in his proactive approach to engaging with industry producers on preparedness for natural disasters like hurricanes. His commitment to corporate social responsibility and strategic hiring underscores his vision. Moreover, he has transformed the claims department into a profit center.
His personal investment of $7.5 million in One Alliance and his rapid loan repayment demonstrate his financial acumen and entrepreneurial zeal.
Awards, Recognition, and Personal Interests
Rafael’s thought leadership is evident in his articles published in Demotech magazine. His interests include artificial intelligence, cryptocurrencies, and real estate investments. He has been featured in international media, discussing products, new headquarters, and brand expansion.
Sports and Hobbies Beyond Business
Despite his professional success, he prioritizes spending time with his family. He is also a vintage car collector and enjoys sports like karate, golf, and paddle tennis. His approach to these hobbies mirrors his business philosophy: balancing competition with joy.
Giving Back to the Community
Rafael Eduardo Cedeno-Camacho’s philanthropic spirit is evident in his consistent support of St. Agnes Catholic Church in Key Biscayne. His companies also contribute to organizations like the Pediatric Hospital Foundation, CAP Foundation, and Ave María Children's Home.
With over 400 direct employees and a network of 3,000 insurance agents, Rafael has proven to be a visionary in the insurance industry. His leadership has transformed One Alliance Group into a pivotal player in Latin America and the United States.