MNK Re Group, an independent broker of worldwide specialist risks into Lloyd’s, has launched MNK Re Poland to offer its clients in the country a gateway to international capacity and specialised premium covers.
The new branch, headed by Agnieszka Zolędziowska, will focus on ensuring difficult risks in a variety of areas including financial and specialty, chemical, industry, energy, terrorism and parametric solutions.
As CEO, a key part of Zolędziowska’s role will be to expand MNK Re’s presence in Poland and by extension, Eastern Europe, while developing relationships with local providers.
She has a 30 year track record, having started her career as a broker, before going on to become President and Chief Executive Officer of the Polish branch of AIG Europe and serving as Vice Chairman of the AXA Board of Directors from 2016 to 2021.
She is joined by Agnieszka Szymczak, who is responsible for business development and cooperation with insurance companies and local and international intermediaries. Szymczak has been working in the insurance industry for 25 years.
Zolędziowska commented: “Thanks to MNK Re’s global network coupled with our knowledge of the local market, we will be able to provide the best possible tailored reinsurance solutions directly to clients, brokers, as well as interested insurers. Our advantage is the ability to benefit from the capacity of our own MGA, specialisation in difficult risks, Bancassurance Consultancy and the innovation of the Group’s insurtech, focused on telematics.
“This move by MNK Re to open an office in Poland presents a great opportunity for us to be part of an exciting expansion project. It is clear from the work Manoj and the team are already doing in Poland and the region that MNK Re fully recognises the potential this market has to offer.”
Marking the launch of MNK Re Poland, Group Chief Executive and Managing Director of MNK Re Limited Manoj Kumar said: “Agnieszka Zolędziowska and Agnieszka Szymczak were the natural choices to run our new Poland office. Their experience of operating in the Polish market and within the sector is highly impressive. Most importantly, they share our passion for developing innovative and pioneering solutions.
“Poland is the sixth largest economy in the EU and is rapidly becoming an economic and industrial powerhouse for the continent. Our decision to set up a new office here underlines our commitment to deepen our presence in Europe. I believe that we can bring something new to the market and our clients, taking on both complex and traditional risks under mandatory contracts and facultative reinsurance and also using the capacity of our own MGA.”