Swiss Re Taps Berger From Allianz as CEO Corporate Solutions, Replacing Galvagni

Swiss Re announced that Andreas Berger, currently chief regions & markets officer and member of the board of management of Allianz Global Corporate & Specialty SE, has been appointed CEO Corporate Solutions and member of the group executive committee with effect from April 1, 2019.

He succeeds Agostino Galvagni, who has decided to step down from Swiss Re at the end of 2018. Galvagni will remain available as adviser to Swiss Re during the transition period.

Berger joins Swiss Re with more than 20 years of experience in the insurance industry. Most recently as chief regions & markets officer at Allianz Global Corporate & Specialty, he focused on growing the business in the regions of Germany and Central & Eastern Europe, Mediterranean and Africa. Prior to that role, Berger held various leadership positions at Allianz Group, including chief executive officer, Regional Unit London, from 2009 to 2011, and global head of Market Management & Communication from 2006 to 2009.

Galvagni has worked for Swiss Re for more than 30 years, holding various leadership roles. In 2009, he was appointed chief operating officer and member of the group executive committee. He became CEO Corporate Solutions in October 2010, where “he has been instrumental in growing Swiss Re’s commercial insurance business and expanding its global presence with a network structure now extending to over 80 countries,” said Swiss Re in a statement.

“We regret Agostino Galvagni’s decision to step down, and I would like to thank him on behalf of the Swiss Re board of directors for his substantial contribution to Swiss Re throughout the years,” said Swiss Re Chairman Walter B. Kielholz.

“Under his leadership, Corporate Solutions has grown significantly and evolved into a fully-fledged commercial insurer with global presence,” he added. “Thanks to its recent entrance into the primary lead market-segment, Corporate Solutions is also ideally placed for further growth. We will miss Agostino’s experience and drive and wish him all the best for the future.”

Kielholz continued: “With Andreas Berger’s appointment, we are pleased to have attracted a very capable candidate with a strong track record in the insurance industry to continue leading our Corporate Solutions’ business and further improve its international business capabilities.”

Source: Swiss Re