RKH Specialty, part of the Hyperion Insurance Group, has appointed Gert Schlossmacher as co-managing director of its Financial Risks Division. Schlossmacher will join in January 2016, reporting to Barnaby Rugge-Price, CEO of RKH Specialty.
Schlossmacher joins RKH from Euler Hermes, a leading global provider of credit insurance, where he worked for almost 25 years, most recently as group head of global sales. During his time with Euler Hermes, Schlossmacher held a number of senior roles, having been member of the board of management in Germany – where he was also in charge of the Swiss business – and Austria.
As co-managing director of RKH Financial Risks, Schlossmacher will work alongside Neil Galletti, focusing on developing its international trade credit business. In addition to this role, Schlossmacher will work closely with Hyperion’s international retail broking business, Howden International, to help capitalize on trade credit opportunities as well as leveraging his extensive experience in advising on the group’s international strategy.
Barnaby Rugge-Price, CEO of RKH Specialty, said: “I am extremely pleased to welcome Gert to RKH; we have ambitious plans for growth in our Financial Risks Division, and his expertise, experience and industry reputation will play a key part in this.
“Gert will contribute significantly across all our key product lines: political risks and structured credit; international trade credit; and surety. Our clients’ needs are evolving beyond these separate products, which are often sold in isolation. Having someone of Gert’s caliber will help us respond to the evolution of the product and keep us ahead of the market. We are already a leader in the political risks market, and with Gert on board we look forward to achieving a similar position in the trade credit space.”
Schlossmacher stated, “I am hugely excited to be joining RKH and its leading Financial Risks Division. I look forward to helping the team enhance and develop its combined product offering to create more comprehensive client solutions. Hyperion is well known for its entrepreneurial ethos and culture aimed at fostering innovation, and I’m pleased to be joining such a dynamic and highly regarded group.”
Source: RKH Specialty
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