DUAL Group, a unit of (re)insurance coverage dealer Howden, has named Simon McGinn because the CEO of its insurance coverage enterprise within the UK.
The corporate stated that the appointment kinds a part of efforts to remodel DUAL’s UK enterprise, which underwrites £700m in gross written premiums (GWP).
Topic to regulatory approval, McGinn will report back to DUAL Group CEO Richard Clapham when he joins the corporate on 1 January 2024.
McGinn will be part of DUAL from Allianz, the place he spent 19 years in a number of positions, most not too long ago as CEO of Allianz Business within the UK.
Clapham stated: “Simon’s management expertise and confirmed experience make him the right particular person to steer our UK enterprise going ahead. He brings an distinctive data of the UK insurance coverage panorama, its evolving traits and the rising alternatives they current.”
Howden Group CEO David Howden stated: “Beneath Simon’s management, we now have the chance to construct regionally throughout the UK, by attracting the easiest expertise to make sure we’re delivering the standard underwriting outcomes we’re recognized for while rising the UK enterprise to £1.5bn GWP.”
Individually, Howden Germany introduced that it has fashioned a brand new division to give attention to giant company shoppers and appointed Rainer Breeck as managing director to steer the brand new unit.
Breeck, who beforehand labored with Aon, brings greater than three many years of expertise in all key areas of the insurance coverage sector.
In his position as managing director, Breeck will use Howden’s present sources to extend the service and help given to giant company shoppers.
Howden Deutschland designated CEO Karl-Heinz Holz stated: “He [Breeck] has in depth expertise and is aware of the wants of enormous firms alongside the insurance coverage worth chain higher than anybody else. Rainer will bundle our strengths on this core phase, additional develop the enterprise with giant corporates and drive our progress.”
