Newline hires CNA Hardy exec Schäfer as senior underwriter in Cologne

Specialty insurance group Newline Group, which operates through Newline Syndicate 1218 at Lloyd’s and Newline Insurance Company, has appointed Markus Schäfer as senior underwriter, general liability, at Newline Insurance Company in Cologne.

Schäfer has 17 years of experience in the German insurance industry. He most recently served as underwriting manager for healthcare & technology at CNA Hardy.

Newline is owned by Odyssey Group, which is itself owned by Fairfax Financial Holdings.

“We are very pleased to have Markus on our team,” said Manuel Wirtz, Newline’s General Representative for Germany.

“His vast expertise and reputation in the liability insurance market will foster Newline’s growth in this segment.”

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