The International Insurance Society (IIS) has chosen Nikolaus von Bomhard, chairman of the board of management of Munch Re, as the 2017 Insurance Hall of Fame Laureate.
The Insurance Hall of Fame honors insurance standouts who have made a broad, encompassing and lasting contribution to the insurance industry and who are recognized by their peers as successful leaders, innovators and visionaries. Recent Laureates include Stephen Catlin of XL Catlin, Brian Duperreault of Hamilton Insurance, Denis Kessler of SCOR, Ikuo Uno of Nippon Life and Don Kramer of ILS Capital Management.
Dr. von Bomhard will be inducted at the July 3rd gala awards dinner held in conjunction with the IIS Global Insurance Forum which takes place at the Park Plaza Westminster Bridge Hotel in London, July 2nd – 5th.
“As an effective leader with inspired vision, resolute ethical standards and a deep commitment to issues surrounding sustainable development, Nikolaus embodies the criteria of the Insurance Hall of Fame,” said James Vickers, chairman of the IIS Honors Committee.
“He steered Munich Re successfully through the financial crisis with a steady hand,” said Michael J. Morrissey, IIS president and CEO.
Dr. von Bomhard joined the Munich Re graduate trainee program in 1985 and followed as an underwriter in the Operational Division: Fire/Treaty. In the following years he held various leadership positions including: deputy head of the Operational Division, Germany beginning in 1992; building and managing the São Paulo office in 1997; appointed to the board of management in 2000; and leading the Europe/Latin America division beginning in 2001. In 2004 he was appointed chairman of the board of management. He is responsible for Group Development, Group Investments, Group Communications, Group Compliance, Group Audit as well as Group Human Resources.
Dr. von Bomhard completed his law studies at the universities of Munich and Regensburg with a doctorate.
The nominees for the 2017 Insurance Hall of Fame were selected by the IIS Honors Committee, a body of senior insurance executives and academics, and voted on by IIS members by secret ballot.
Was this article valuable?
Here are more articles you may enjoy.
AIG General Insurance Chairman McElroy to Retire May 1 
Marsh McLennan Agency to Buy Fisher Brown Bottrell for About $316M 
Former Congressman Charged After Collision with State Trooper in Florida 
California Sees Two More Property Insurers Withdraw From Market 
