Munich Re Expands Underwriting Team

Munich Re Specialty Group Ltd. (MRSG) of London is pleased to announce two additions to lead its expanding underwriting team. Steven Weiss has assumed the role of Senior Vice President/Chief Underwriting Officer of Ocean and Inland Marine Insurance; Ben Tucker had been appointed Senior Vice President/Chief Underwriting Officer of Specialty Insurance including Cyber, Terrorism/PV and Financial Lines.  

Mr. Weiss’s background includes 28 years as a Marine Surveyor, Loss Adjuster and Underwriter. He has consulted as a critical witness on many aspects of marine transportation and liability claims and coordinated challenging logistics projects. Prior to joining Munich Re’s new underwriting unit, Mr. Weiss was a SVP at Aspen and Liberty International.

“Building a new team and platform under the Munich Re brand brings compelling new insurance products and capabilities to the marketplace,” Weiss stated.

With over 20 years of industry experience as both broker and underwriter, Mr. Tucker has an in depth understanding of Property and Terrorism risks. He spent 12 years expanding his knowledge in various divisions of Marsh before transitioning over to XL Catlin in 2013 as the Head of US Terrorism and Political Violence division.

“I am particularly energized and ready to apply my experience, entrepreneurial spirit and service-oriented mind set toward the success of this unique growth initiative,” Tucker commented.

Mr. Weiss and Mr. Tucker will report to John Hennessy the newly appointed CEO and President of Roanoke Group Inc. (RGI) who is charged with leading the expansion of MRSG’s underwriting platform in the Americas.

Hennessy stated, “I am excited to be working closely with Ben and Steven as we bring our combined experiences together and build-out our specialty capabilities in support of our brokers and customers.”

Through Munich Re Syndicate, MRSG has been providing marine and specialty offerings to insurance brokers in North America for decades from its home-base in London. Roanoke Group Inc., is a whole owned subsidiary of MRSG and is the parent and holding company of Roanoke Insurance Group Inc. In addition to Roanoke Group, MRSG owns Munich Re Syndicate Limited, which manages Syndicate 457 at Lloyd’s, and a network of distribution companies including GJW Direct, NMU Specialty, RIBL as well as Syndicate offices in Asia Pacific and the Middle East.

About InsuranceEdgeEditor (862 Articles)
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

Leave a Reply

%d bloggers like this: