Gossmann & Cie eyes growth amid insurance legacy surge; expands team

Gossmann & Cie., the liability management  company founded by insurance veteran Arndt Gossmann, has strengthened its senior management team in a move intended to accelerate its growth at a time the legacy market is experiencing significant tailwinds.

"We are now experiencing the long-awaited legacy surge, accelerated by Covid-19 and the insurance industry’s much anticipated transformation," said Gossmann. "European insurers have started to review their liability structure, and now seek forward-looking liability management solutions that go beyond traditional run-off."

The company has hired Jürgen Rindermann as head of claims management, Marios Argyrou as chief actuary and head of risk management, and Vanda Giannara as head of markets & partnerships.

Rindermann is the former COO of DARAG Germany and has been in senior positions at Generali and Allianz. He has over 30 years of experience in the insurance industry together with a solid background in liability management.

Further to leading Claims Management he will drive the run-off-related services offering of Gossmann & Cie., which entails the preparation and management of a legacy book prior to externalisation as well as the specialised claims handling, driven by data analytics and behavioural features, allowing for optimised risk assessment, claims process transparency and reputational safeguarding.

Argyrou joined Gossmann & Cie. from Trust Re Group, where he held the position of group CRO and executive management member. He is a seasoned risk manager and actuary with over 20 years of experience in senior corporate and consulting positions across Europe.

Argyrou will be responsible for leading Gossmann & Cie’s actuarial and risk management functions.

Giannara specialises in financial services’ advisory, stakeholder engagement and strategic transformations across the EU. She joined Gossmann & Cie. from the National Bank of Greece, where she was a senior advisor to the board of directors. Her 15+ years of professional experience includes the implementation of projects for BlackRock, Schroders, Merrill Lynch Asset Management, J.P. Morgan Asset Management, Société Générale, MasterCard and DARAG, where she has served as head of communications.

In her new role, Giannara is responsible for driving growth and developing new business segments as well as managing existing and new partnerships and strategic initiatives across Europe.

Gossmann commented: "Each of my new colleagues have a rare track record of driving growth, and a relentless focus on risk assessment and liability management. This will help us deliver on our promise to provide holistic, data-driven and ongoing capital optimisation, and portfolio refinement solutions such as ExPRO (Expiring Policy Roll-Over), EarlyPRO (Early Portfolio Run-Off) and CellPRO (Cell Proposition). I am delighted that our commitment to having the right team at the right place and time will maximise value generation for our clients and shareholders.”

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