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Munich Re has appointed Marc-André Giguère as new president and CEO for US life and health.
Michael DeKoning has decided not to renew his contract, and will leave Munich Re in January 2018, the company said. Under his leadership, the business has undergone significant business transformation and today is very well positioned in the US market as a well-respected reinsurer and business partner.
Giguère will lead the US life and health business, developing and executing business strategy and transformation. He has spent more than twenty years working in the US and Canada in senior leadership roles at Ernst & Young and Tillinghast prior to joining Munich Re.
Giguère joined Munich Re, Canada (life) in November 2015 as senior vice president, North America Inforce Management. In July 2017, he assumed the role of executive vice president of reinsurance for Munich Re, US (life) and president and CEO of Munich Re Health for the US. In this most recent role, he has led all areas of our individual and group reinsurance teams, as well as a strategic review for our US health business.
Mary Forrest, president and CEO of Munich Re, North America (life and health), commented: "The pace of change in our industry is incredible. It is a very exciting time to be part of this, and the focus we have on innovation, technology transformation and data analytics will continue to position us as a leader in the market. With change comes new approaches and new ideas and the appointment of Marc-André Giguère as the leader of our US Life and Health business will bring new opportunities for business growth in this market."
Dr. Thomas Blunck, member of the board of management for life and health, Munich Re, added: "Marc-André Giguère is a highly respected member of the US Life and Health leadership team. Over the past two years, we have seen tremendous results through Giguère’s drive, creativity and business-focus. We are confident that his leadership will continue our development in the US and bring value to our clients."
Munich Re, Appointment, Marc-André Giguère, Michael DeKoning, Mary Forrest, Dr. Thomas Blunck, US