Munich Re Specialty Group (MRSG), a division of Munich Re, has announced plans to expand its underwriting platform in North America; appointing John Hennessy as Chief Executive Officer (CEO) and President of its subsidiary Roanoke Group Inc. (RGI).
Hennessy brings 25 years’ experience to the Schaumburg, Illinois-based role and will be responsible for driving growth in Marine and Specialty classes to North American insurance brokers.
From 2009, Hennessy served in London as CEO and Chairman of CNA Europe; then from 2014 he served as President and Chief Operating Officer of CNA Canada before returning to Chicago in 2017.
RGI provides targeted logistics and transportation-related insurance offerings across the U.S through its subsidiary Roanoke Insurance Group, which will continue to be led by its President, Karen Groff.
“The existing footprint of the Munich Re Syndicate and Roanoke in North America provides a strong foundation from which to launch and expand growth into new areas,” commented Charles Burgess, CEO of MRSG International.
“The experience of our operations, underwriting and sales teams enable us to start off with significant traction.”
Hennessy added, “What makes this a winning initiative, and one that I am excited to lead, is the existing stable and sustainable platform, which is primed for growth.”
