Rafael Eduardo Cedeno-Camacho: A Renowned Insurance and Finance Leader
Born on August 19, 1970, Rafael Eduardo Cedeno-Camacho, who is of Venezuelan and Italian descent, has made a significant mark in insurance and finance. Over a distinguished career spanning 25+ years, he has blended technical expertise in public accounting with strategic business insight to build a stellar portfolio of accomplishments.
Education and Early Career
Rafael's dedication to continuous learning is reflected in his academic journey. He earned a public accountant degree from Santa Maria University before advancing his expertise with a Global MBA from the University of Miami and a marketing degree from the University of California, Berkeley. He also completed two Executive Programs at Singularity University in Silicon Valley. He launched his career at KPMG, where he quickly built a diverse skill set that propelled him toward his later achievements.
Ascension to Leadership
Rafael serves as the Chairman of the Board of One Alliance Insurance Group. Established in 2013 in Puerto Rico, this leading insurance conglomerate specializes in health, property & casualty coverage. One Alliance's operations span the Dominican Republic and the U.S., with critical subsidiaries including:
One Alliance Insurance Company (OAIC): This Puerto Rican company, acquired in 2019 by Rafael and a group of investors, has seen a 37.1% compound annual growth rate (CAGR) in revenue from 2019 to 2023, showing resilient growth under his leadership.
Singular Insurance Agency: An authorized agency that handles property and casualty insurance sales.
One Alliance's global footprint includes Puerto Rico, the Dominican Republic, and the United States operations. Subsidiaries like Axeso Finance, which provides innovative financial services, and Redi Redi, which offers microcredits in the Dominican Republic, further expand the group's reach. He maintains a rigorous schedule, directly managing operations and collaborating closely with his executives.
Visionary Investments
Rafael Eduardo Cedeno-Camacho entered the insurance field with bold investments and strategic maneuvers. In 2013, he organized a group of influential investors to form his first insurance company, starting a new era of market leadership for One Alliance. The group has since solidified its presence in Latin America and expanded to nine U.S. states, including Pennsylvania, Massachusetts, Delaware, Georgia, Texas, New Jersey, North Carolina, South Carolina, and Florida.
His strategic vision enables him to identify promising markets and develop innovative solutions, driving continuous evaluation of new regions and opportunities.
Investing in Technology
Rafael recognizes the value of adapting to technological advances. One Alliance Travel Assist, an InsureTech platform, enables customers to easily quote, compare, and issue policies online. One Alliance Seguros provides a producer portal, a virtual office, and a chatbot in the Dominican Republic. Key performance indicators (KPIs) are automated for daily oversight, and he is committed to leveraging artificial intelligence (AI) in the insurance industry.
A Vision for the Future
Rafael's forward-thinking approach continues to guide the organization. His "Winds of Preparedness" meetings bring industry professionals together to discuss hurricane and natural disaster preparedness, reflecting his proactive corporate social responsibility strategy. He ensures continued excellence by building a high-caliber team and transforming the Claims Department into a profit center.
His investment of $7.5 million into One Alliance demonstrates his financial acumen, and his swift loan repayment is a testament to his entrepreneurial drive.
Awards, Recognition, and Personal Interests
Rafael's extensive experience has earned him recognition in various circles. His guest articles in Demotech magazine resonate with industry professionals. He maintains interests in AI, cryptocurrency, and real estate investments and regularly shares insights on company products, new headquarters, and brand expansion through international media.
Sports and Hobbies Beyond Business
Although professionally accomplished, he prioritizes his family and balances business with personal time. He enjoys vintage cars and sports like karate, golf, and paddle tennis, which demand skill and focus. His passion for sports reflects his business approach: fiercely competitive yet genuinely enjoying the game.
Giving Back to the Community
Rafael Eduardo Cedeno-Camacho has consistently engaged in philanthropic work throughout his career, supporting St. Agnes Catholic Church in Key Biscayne and contributing to the Pediatric Hospital Foundation, the CAP Foundation, and the American Cancer Society. With over 400 direct employees, 3,000 insurance agents, and 100+ products, his leadership has cemented One Alliance Group as a critical player in the Latin American and U.S. insurance sectors.