DARAG bolsters Germany supervisory board with former Talanx chief

European legacy acquirer  DARAG Group has appointed a former Talanx chief executive to the supervisory board of its German insurance carrier  DARAG Deutschland AG.

Christoph Wetzel (pictured) has worked across the German insurance market for more than 25 years and is currently CEO of fpb AG, a member of the ON Service Group. He previously spent more than six years with HDI Group where he was a board member of HDI Germany with responsibility for its property & casualty business, and CEO of Talanx Germany’s non-life retail business. Wetzel also spent ten years in senior management roles encompassing operations, IT and human resources with Basler Versicherungen Germany.

Alexander Roth, CEO of DARAG Europe, said: “Christoph has a stand-out reputation across the German insurance market and we are delighted that he has chosen to join our supervisory board. Alongside his notable consulting experience, his expertise and insight in all areas of insurance gained at senior management level enable him to offer clear and strategic advice, that will be of significant benefit to us and our clients across continental Europe.”

Wetzel commented: “The legacy market plays a critical role in supporting insurers to invest and manage their resources efficiently and DARAG Deutschland is particularly renowned for the high-quality legacy solutions it offers, combined with an ambitious outlook. I am looking forward to working with the supervisory board to enable its further success and growth.”

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