Reinsurance News

Aioi Nissay Dowa Europe names Adrian Steele as Chief Reinsurance Officer, UK & Europe

11th October 2023 - Author: Saumya Jain -

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The Aioi Nissay Dowa Europe Group (AND-E), a provider of mobility insurance and European subsidiary of Aioi Nissay Dowa Insurance Company Limited, has appointed Adrian Steele as the Group’s Chief Reinsurance Officer for its operations in the UK and across Europe.

handshake-bwPrior to this role, Steele was Head of Insurance Solutions for Toyota Insurance Services, a role he had held alongside Head of KINTO Protect, the mobility brand for Toyota.

AND-E has a close working partnership with Toyota Motor Corporation, the largest single shareholder of MS&AD Insurance Group Holdings, Inc.

Steele will report to Michael Kainzbauer, Group CEO at AND-E.

He brings to the role forensic knowledge of the motor insurance claims landscape from working in the sector for approximately four decades.

AND-E also notes that Steele has a clear eye on the future of mobility and proven expertise in achieving reinsurance support for completely new advances in mobility insurance and autonomous driving.

Steele proved himself when he played a critical role in AND-E providing the insurance solution for Oxa, the company stated.

Kainzbauer commented: “Steele brings a deep knowledge of our business, having worked within the group for almost ten years. To say he is a very safe pair of hands for this critical position would be an understatement.

“Steele will leverage his vast experience of motor insurance claims, as well his fundamental appreciation for the evolution of mobility solutions to ensure we have the right partners behind us as we forge ahead in our goal to lead the way in connected mobility protection.”