In an ever-evolving insurance landscape, key players Everest Insurance and Munich Re Specialty – North America (MRS-NA) have announced significant leadership appointments to align with their progressive strategies. These appointments are poised to strengthen their operations, particularly in the US market, where the focus is shifting towards regional dynamics and digital partnerships. This strategic realignment underscores the importance of experienced leadership in navigating the complex insurance environment.

Leadership change is pivotal in shaping the future of insurance operations and digital integration in the US market.

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Steve Reiss has been appointed as the US Northeast Regional Executive for Everest Insurance. With over three decades of experience in underwriting and broking, Reiss is expected to enhance performance and service delivery in the Northeast region. Reporting directly to Craig Hanrahan, the Head of Field Operations Insurance, Reiss will be pivotal in integrating the regional operations with Everest's broader retail strategy. His background includes roles at prestigious firms such as AIG, WTW, Chubb, and Marsh, providing him with a comprehensive perspective on industry strategies. Reiss's leadership aims to fortify Everest’s presence and effectiveness in the region, leveraging his prior experience as President of the Northeast Zone at AIG, where he managed broker and client engagement initiatives.

On the digital front, Munich Re Specialty – North America has brought in Jascha Prosiegel as the Head of Digital Partners. Prosiegel's role is centered on guiding digital distribution partners, including insurtech companies, through access to insurance capacity, product development expertise, and data analytics tools. Reporting to Kevin Johnson, Head of North American Insurance Programs for MRS-NA, Prosiegel has a foundational role in shaping technology-driven insurance offerings. His journey with Munich Re began in 2014, where he developed expertise in handling special enterprise risks. Prosiegel’s prior focus included AI risk management in North America, a vital area for the future of digital insurance landscapes.

Additionally, Munich Re has appointed Vincent Baldo as the Head of the Healthcare Business Unit within Excess and Surplus Lines. Set to take effect on March 31, Baldo’s addition is anticipated to augment MRS-NA’s healthcare-specific strategies. These leadership changes reflect a dynamic approach to addressing industry shifts, driven by market demands and technological advancements. By capitalizing on seasoned professionals in strategic roles, both Everest Insurance and Munich Re aim to maintain their competitive edge and heighten their adaptability in the fast-paced insurance domain.