8 June 2018Insurance

Hyperion reshuffles leadership at DUAL and Howden in Germany

Hyperion Insurance Group has made key leadership changes at the German branches of its specialist underwriting arm DUAL and retail broking business Howden.

Annett Marschollek has been appointed as the new CEO for DUAL Deutschland. He replaces Marcel Armon who is taking up a new role at the parent company Hyperion.

Marschollek has over 20 years’ industry experience including as managing director for DUAL Deutschland. After five years at DUAL, she left in March 2017 to pursue studies in Zürich. Marschollek has also held senior and specialist roles at Zurich, VOV and THV.

Armon will join Howden Germany as CEO from July, and head an ambitious growth programme including developing new digital sales channels. He will work closely with Michael Hendricks, who acts as standing legal counsel for Howden Germany, in supporting claims and developing products.

Hyperion has also announced that Heiner Eickhoff, executive chairman of DUAL in Germany will move to a new role as European development director. Eickhoff will support the executive team in developing their European growth strategy.

David Howden, CEO of Howden and Hyperion, said: “I am delighted that Marcel is joining Howden as he brings with him proven experience in delivering transformational change in organisations.

"Germany remains a key market for us and Marcel’s leadership skills, extensive broking experience and local market knowledge mean he is the ideal person to drive forward our exciting growth plans.”

Richard Clapham, CUO, DUAL International and CEO, DUAL Europe, added: “I am delighted to welcome Annett back to DUAL. She brings with her a deep knowledge of the German market and proven experience in DUAL. Working with the local management team, Annett will continue to drive forward our ambitious growth plans.”

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7 June 2018   Hyperion Insurance Group has purchased a controlling interest in the Asia and EMEA arms of International Planning Group (IPG), an Asian life insurance broker serving high-net-worth individuals and businesses.
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14 June 2018   Hyperion Insurance Group, which owns brokers Howden, RKH and underwriting division DUAL, has acquired a 9.9 percent stake in Apollo Partners.
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4 July 2018   DUAL, the underwriting arm of Hyperion Insurance Group, has overhauled its leadership team hiring a new chief executive. It said the move has been prompted by a desire to grow in the UK and internationally.