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Sompo Worldwide has named Volker Steufer as its new head of marine insurance coverage for Germany and Austria.
Steufer has vital expertise within the German insurance coverage house and can function out of Cologne.
He’ll report back to Germany and Austria Insurance coverage nation supervisor Malte Dittmann within the new position.
Steufer has labored within the German insurance coverage trade for nearly three many years, together with stints at Gothaer Versicherungen, XL Catlin and Winterthur Worldwide.
Most not too long ago, he was the senior marine insurance coverage underwriter at KA Köln.Assekuranz Agentur, an ERGO firm.
Dittmann stated: “With world volatility and geopolitical tensions set to proceed into 2024, the worldwide marine market will stay within the highlight.
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“Main commerce routes, specifically, have been subjected to nice stress through the post-pandemic realignment.
“Volker’s expertise and powerful dealer relationships will likely be an amazing asset to us because the market evolves.”
The appointment of Steufer follows Sompo Worldwide’s growth within the Asia-Pacific area, the place, in October final 12 months, Pei Ru Chiew was named head of disaster administration, business property and casualty insurance coverage.
Chiew joined Sompo from AXA XL, the place she was senior underwriter of battle, terrorism and political violence within the Singapore workforce.
At across the identical time, the insurer made two senior center market appointments to develop its business property and casualty insurance coverage enterprise within the UK.
Sompo appointed Toby Harris as the top of know-how for center market insurance coverage whereas Jon Pope was appointed as the top of center market insurance coverage for the London area.
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