About Rafael Eduardo Cedeno-Camacho
Born on August 19, 1970, Rafael Eduardo Cedeno-Camacho is of Venezuelan and Italian heritage. Over the past 25 years, he has established a notable reputation in insurance and finance by leveraging his technical expertise as a public accountant and sharp business insights to build an impressive portfolio of successful ventures.
Education and Early Career
Rafael began his academic journey at Santa Maria University, where he earned a public accountant degree. He later expanded his education with a Global MBA from the University of Miami and a Marketing degree from the University of California, Berkeley. He further honed his knowledge through two Executive Programs at Singularity University in Silicon Valley. His professional path commenced at KPMG, where he quickly cultivated a diverse skill set that laid the foundation for his future achievements.
Ascension to Leadership
Rafael Eduardo Cedeno-Camacho is the Chairman of the Board of One Alliance Insurance Group. Founded 2013 in Puerto Rico, One Alliance has grown into a premier insurance conglomerate specializing in health, property, and casualty coverage, with operations extending to the Dominican Republic and the United States. Critical components of this group include:
One Alliance Insurance Company (OAIC) is a Puerto Rican firm that has seen resilient growth since it led a group of investors to acquire it in 2019. Under his stewardship, OAIC achieved a 37.1% revenue CAGR from 2019 to 2023.
Singular Insurance Agency: An insurance agency authorized to sell property and casualty insurance.
The group also manages Axeso Finance, which provides financing solutions in Puerto Rico and the Dominican Republic, and Redi Redi, a financial company offering microcredits in the Dominican Republic. He actively participates in all company operations and collaborates closely with executives.
Visionary Investments
Rafael Eduardo Cedeno-Camacho's bold investments and strategic thinking have influenced One Alliance's market. In 2013, he brought together a team of investors and financial experts to establish his first insurance company, marking the start of the group's dominance. Today, One Alliance operates in nine US states: Pennsylvania, Massachusetts, Delaware, Georgia, Texas, New Jersey, North Carolina, South Carolina, and Florida. His commitment to identifying new markets and innovative solutions reflects his business vision.
Investing in Technology
His investment in technology exemplifies his adaptability to changing market trends. One Alliance Travel Assist is an InsureTech platform that simplifies quoting and issues insurance directly to customers. One Alliance Seguros in the Dominican Republic employs a producer portal, virtual office, and chatbot, while automated KPIs maintain a daily view of company operations. He is dedicated to integrating artificial intelligence into the insurance industry to enhance efficiency.
A Vision for the Future
Rafael's foresight continues to drive One Alliance Group's future direction. He has proactively initiated discussions with industry producers on disaster preparedness, such as hurricanes. His strategic approach and emphasis on corporate social responsibility underscore his commitment to customer welfare. His most valuable investment, however, is in a top-tier team that continuously innovates to improve claims departments and enhance profitability.
Awards, Recognition, and Personal Interests
Rafael's extensive experience and knowledge are well-recognized in the insurance world. He contributes insightful articles as a guest writer for Demotech magazine and is frequently interviewed on international radio and TV programs. In addition to industry trends, his interests include artificial intelligence, cryptocurrencies, and real estate.
Sports and Hobbies Beyond Business
While he has achieved much in his career, his family remains his most significant source of pride. He balances his time between business and loved ones. He also enjoys vintage car collecting and sports like karate, golf, and paddle tennis, which provide relaxation and require the same focus he brings to his work.
Giving Back to the Community
A humanist at heart, Rafael Eduardo Cedeno-Camacho actively participates in philanthropy. He consistently donates to St. Agnes Catholic Church in Key Biscayne and supports institutions like the Pediatric Hospital Foundation, the CAP Foundation, and the American Cancer Society. Through his companies and over 400 employees, he supports over 3,000 insurance agents and an extensive product portfolio. His strategic vision and leadership have positioned One Alliance as a key player across Latin America and the United States.