19 September 2016 Alternative Risk Transfer

Rewire Securities hires former Swiss Re ILS head

Rewire Securities, a privately owned boutique investment bank focused on the insurance sector, has appointed Markus Schmutz as partner.

Schmutz has over 20 years of experience, having most recently served as chief executive officer of Swiss Re Capital Markets Corporation and derivatives carrier Swiss Re Risk Solutions Corporation as well as managing director, head of insurance-linked securities at Swiss Re Capital Markets.

“We are extremely pleased to have someone of Markus’s calibre join Rewire. Markus will be instrumental in further developing Rewire’s underwriting analytics and related ILS products with a key focus on further integrating ‘rewireconnect’, our insurance risk transfer technology platform,” said Stefano Sola, co-founder and CEO of Rewire.

“Markus’s appointment is a key addition to the team and as an accomplished leader in the ILS space will further strengthen our organisation.”

Richard Pennay, co-founder and president, added: “Markus’s deep and broad know-how of the capital markets on one side and underwriting and reinsurance on the other will be extremely valuable in future discussions with investors, insurers and reinsurance companies.

“Markus is likely the most experienced ILS structurer globally and his contribution to Rewire further solidifies our technical expertise in insurance capital markets.”

Schmutz added: “I am excited to join Rewire, a company on the leading edge of insurance technology and syndication innovation. I look forward to working with our clients and continuing to further develop and expand the Rewire platform, making transaction structures and execution process more efficient for both sponsors and investors.”

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk