The Chief Executive Officer (CEO) and Chairman of Austria’s UNIQA Insurance Group, Andreas Brandtsetter, has been elected president of Insurance Europe, the European insurance and re/insurance federation, for a term of three years.
Having headed UNIQA since 2011, Austrian citizen Brandstetter joined the globally active composite insurer in 1997.
Commenting on his appointment, Brandstetter said, “I am truly honoured to be elected to represent the European insurance industry as its federation’s president. Our industry makes a huge contribution to society, both through the protection we offer to customers and the long-term investments we make in the economy.
“Society is evolving rapidly and our industry must evolve too, so this is a particularly fascinating time to be representing Europe’s insurers, both within Europe and around the world.”
Brandstetter was elected at Insurance Europe’s General Assembly meeting in Madrid.
He succeeds Sergio Balbinot, member of the management board at Allianz Group, who had served the maximum two mandates as president.
“I wish to thank Sergio for the incredible contribution that he has made over the last eight years. He has been a driving force and an outstanding representative for Europe’s insurers during his tenure,” said Brandstetter.