(Image credit: Adobe Stock.)
Munich Reinsurance America, Inc. (Munich Re, US, Princeton, N.J.) has created the new role of Innovation Executive within its Reinsurance Division, which the firm says will help clients to take advantage of opportunities arising from InsurTech innovation. Robert Mozeika has been named to fill the post.
“Munich Re continues to quickly develop its position as a global innovation leader in the insurance industry, and is at the forefront of changes taking place in InsurTech, helping clients derive the most value from emerging opportunities,” comments Steve Levy, President, Reinsurance Division, Munich Re, US. “Given our presence in Silicon Valley and other leading innovation hubs around the world, we’ve developed relationships with the key players and startups that are driving the InsurTech revolution. Our goal is to identify opportunities and collaborate with clients to bring to market new insurance solutions and products coming out of InsurTech.”
In his new role, Mozeika will work with Munich Re, US’s Client Management team to match reinsurance clients with new products and solutions developed in the InsurTech space that help address specific client needs. Munich Re says that it also anticipates that the Innovation Executive position will present the company with various business opportunities as its clients increasingly pursue InsurTech alternatives.
“This is an integral role for the Reinsurance Division and is a natural evolution for Bob who has established a leadership position in the InsurTech space,” Levy adds. “With his knowledge of technology trends, his extensive network in this area and his consultative experience, Bob is a perfect fit to provide this valuable service to our clients.”
Former Munich Re Silicon Valley “Innoscout”
Since January 2015, Mozeika has served as a Munich Re, US Innoscout, based in Silicon Valley, where he was responsible for partnering with technology companies to enhance the company’s business processes for developing new emerging products and exploring new business models. From 2008 to 2014, he was Head of Financial and Strategic Management and Underwriting Operations in the Reinsurance Division of Munich Re, US. In his new role, Mozeika will serve as a member of the Reinsurance Division Leadership Team which reports to Levy. Mozeika will be based in Princeton while maintaining strong connections to Silicon Valley.