Leadership shuffle at MS Re: Joerg Bruniecki named CUO of global specialty lines
Global reinsurer MS Reinsurance (MS Re) has revamped its underwriting leadership and business structure to align more closely with client needs.
The moves affect its underwriting operations in Switzerland, Bermuda, and the US, as well as its Americas, international, and global specialty lines business units.
MS Re said it will group its specialty lines, which includes engineering, under a single global specialty lines umbrella to sharpen its focus on these complex risks. Its Americas and International P&C business will also be realigned around client types to deepen relationships and better meet evolving demands.
Joerg Bruniecki (pictured right) will transition from chief underwriting officer (CUO) of international to CUO of global specialty lines, a position held on an interim basis by Charles Goldie, group CUO, for the past 18 months.
Andy Hottinger (pictured left) will succeed Bruniecki as CUO of International, while Louis de Segonzac continues as CUO of the Americas.
Within global specialty lines, Paul Murphy has been promoted to lead a newly formed financial risks team covering global credit, surety, political risk, and mortgage. A new specialty property team will be led by Andrew Shaw, previously head of US property, overseeing global engineering and complex risks. Rinat Bektleuov will continue to head agriculture.
Within International, David Raich has been promoted to lead European mature markets, with Luciano Castagna heading growth markets. Phil Froncioni will lead APAC and complex cat, while Stefan Behr takes charge of international casualty, MGA, and non-standard solutions, an area MS Re believes is poised for growth, especially in Europe.
The Americas business unit structure “closely mirrors the region’s client types,” MS Re said.
Joe Banker will lead the regional client team, while Maria Amelio oversees two teams: national carriers, led by Jerry Farrell, and MGA/programme business, led by MJ Chapleau. Lucas Castagnino will remain head of the Latin America and Caribbean team, with no structural changes.
Goldie said: “These changes will build on our success to date and put us in a position to continue growing our business in the future. Over the past three years we have nearly doubled the size of our business by focusing on the key needs of our clients and being a reliable and consistent partner for our brokers and clients.”
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