Swiss Re Company Options Unveils New Construction, Promotes McGrath as CUO

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Swiss Re Company Options Unveils New Construction, Promotes McGrath as CUO

Swiss Re’s business insurance coverage arm, Swiss Re Company Options, has unveiled a brand new organizational construction, aiming to serve corporates and brokers extra carefully on the nation degree with the introduction of market models.

As well as, it introduced that Katie McGrath, who’s at the moment CEO North America, has been named chief underwriting officer of Swiss Re Company Options, efficient June 1, 2025. She succeeds Kera McDonald who has been appointed Swiss Re’s group chief underwriting officer, efficient on the identical date.

Market Models

Swiss Re Company Options is introducing the next Market Models with the respective heads:

  • Asia (Larger China, Japan, Southeast Asia): Robert Hunziker, Singapore
  • Australia & New Zealand: Kevin Bates in Sydney
  • Canada: James Gasco, Toronto
  • France: Bruno Mostermans, Paris
  • Germany (together with Austria): Tina Baacke, Munich
  • Ibero-America, Center East & Africa: Angelo Colombo, Madrid
  • Switzerland, Benelux, Nordics, Italy: Michael Rüsch, Zurich
  • UK & Eire: Nina Arquint, London
  • United States: Adrian Corridor, New York.

The brand new construction is anticipated to be efficient June 1, 2025 with the designated market unit heads reporting to Ivan Gonzalez, CEO Swiss Re Company Options.

“Because the business insurance coverage house is quickly evolving, buyer proximity is vital with regards to navigating the more and more advanced threat panorama. We firmly consider this new set-up will assist us higher tackle market-specific buyer wants and additional strengthen our partnerships,” commented Gonzalez.

McGrath’s Biography

McGrath joined Swiss Re Company Options in 2019 as head Accident & Well being North America. In 2022 she was appointed CEO North America. McGrath has greater than 25 years of expertise throughout a number of roles in business insurance coverage with a confirmed monitor file of rising sustainable companies, combining technical experience with a client-focused mindset and main high-performing groups. She’s going to proceed to be based mostly in New York, reporting to Gonzalez.

“Following Kera’s well-deserved promotion, I’m very happy that we now have such a powerful successor in Katie,” commented Gonzalez. “Disciplined underwriting is vital for the long-term success of our enterprise, and I’m assured that with this appointment we’re properly positioned to proceed delivering technical excellence for our purchasers.”

Supply: Swiss Re

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