Moses Ojeisekhoba, CEO Global Clients and Solutions, to pursue opportunities outside Swiss Re
iptiQ is a digital insurance company and division of Swiss Re. The business offers consumer products for life, health, home and car insurance on a white-labelling platform via its partners
Zurich:
Swiss Re, on Thursday, announced that Ivan Gonzalez, CEO Reinsurance China, has been appointed CEO Corporate Solutions, succeeding Andreas Berger as of 1 July 2024. He will join the Group Executive Committee at the same time.
Moses Ojeisekhoba, CEO Global Clients and Solutions, will step down from his position on 31 August 2024 and pursue opportunities outside of Swiss Re.
The businesses within Swiss Re’s Global Clients and Solutions Business Unit will be reassigned to other areas of the Group
Swiss Re’s Group chief executive officer Christian Mumenthaler said: “Ivan has deep knowledge of Corporate Solutions, after spending ten years in leadership roles there and helping to reposition the business from a generalist capacity provider to a specialised risk partner. He also brings a global mindset, unique international experience – having worked in Beijing, Singapore, New York, São Paulo and Zurich – and proven leadership capabilities to the role.”
Meanwhile, following a strategic review of its digital white-label platform, Swiss Re has decided to withdraw from the loss making iptiQ business and will consider options for the different entities in a manner and timeframe that maximises value for the group, subject to applicable regulatory approvals and notifications.
iptiQ is a digital insurance company and division of Swiss Re. The business offers consumer products for life, health, home and car insurance on a white-labelling platform via its partners.
Mumenthaler said: “The market environment today is vastly different from the one when iptiQ was created. Given these changed conditions and Swiss Re’s strategic priorities, we’ve concluded we are not the best owners of this business going forward.”
Set up by Swiss Re in 2014, iptiQ is a digital B2B2C insurance company with the vision of embedding life and non-life insurance products in the value chains of strategic partners, who then sold them under their own brand.
Swiss Re has further announced the appointment of Beat Strebel as CEO Reinsurance China and China Country President, to succeed Ivan Gonzalez.
Beat Strebel will assume the position as of 1 July 2024, subject to regulatory approvals. He will have composite responsibilities for all Reinsurance operations in the China market including both Life & Health (L&H) and Property & Casualty (P&C) businesses. He will relocate to Beijing in the summer.
Beat Strebel is currently Head Reinsurance Middle East & Africa at Swiss Re. Instead of replacing his current role (with combined L&H and P&C responsibility), Swiss Re will take the opportunity to further simplify its organisation.
Nikhil da Victoria Lobo, currently Head P&C Reinsurance for Western & Southern Europe, will assume additional leadership for Swiss Re’s P&C Reinsurance business in the Middle East & Africa market.
In addition to his current role as Head L&H Re UK & Ireland, Tamas Bown will take over responsibility for the L&H Reinsurance business in Middle East & Africa.