Munich Re appoints CEO for commercial insurance North America
Munich Reinsurance America has appointed Michael Kerner as CEO for Munich Re Specialty Insurance, a new commercial insurance unit in North America.
Kerner will report to Tony Kuczinski, CEO Munich Re US. In this new role, he will have oversight for uniting several Munich Re Group business units under the new primary specialty commercial insurance umbrella.
“We are pleased to welcome Mike, an insurance industry veteran, to this new leadership role,” said Kuczinski. “His deep insurance industry expertise and experience managing multiple functional areas in a global organization are important assets that will help unify and grow our primary specialty commercial insurance business. Munich Re Specialty Insurance will complement American Modern, Hartford Steam Boiler and other parts of the Munich Re family in the US,“ Kuczinski added.
Peter Roeder, chairman of Munich Re America, said, “Munich Re Specialty Insurance will unite the expertise of our multiple commercial specialty insurance divisions. I am convinced that the new unit will become an important and profitable part of Munich Re in the US.”
Kerner brings with him more than 30 years of experience in the global re/insurance market. For the past two years, he served as executive vice president, risk management and strategy at Everest Re. Prior to that, Kerner spent 23 years at Zurich Insurance Company in a variety of senior executive roles, including CEO of general insurance, CEO of global corporate North America, global chief underwriting officer, global head of group reinsurance, and chief operations officer of North America specialties.
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