Allied World hires former Munich Re exec in Australia

Allied World Assurance Company has appointed Karsten Buescher as assistant vice president of onshore construction in Australia.

Buescher will report to Clifford Scott, the vice president and head of onshore construction, Asia-Pacific.

Prior to joining Allied, Buescher has held a variety of senior positions at companies in Central Europe, the United States and Australia, including FM Insurance Company and Munich Re.

Scott said: "Karsten's depth of knowledge and experience gained around the world underlines our ongoing commitment to attracting the brightest and best talent and ensuring that we are able to respond to our clients' changing needs. His appointment is the latest step in the building out of our Australia office, adding to our strong offering in Onshore Construction in Asia-Pacific."

Today’s top stories

AIG losses widen to $3bn in Q4 as claims jump

Lloyd's introduces drinking ban for staff during business hours

Cigna terminates $48bn Anthem deal, demands $14.85bn compensation

Swiss Re corporate solutions names global claims head

Merger keeps Willis busy as Aon prepares for acquisitions

Did you enjoy reading this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.