Insurance Europe, the European insurance and reinsurance federation, has named Frédéric de Courtois as vice-president, for a three-year term.
De Courtois, the general manager of Generali, was elected on 22 May at Insurance Europe’s general assembly meeting in Bucharest and succeeds Torbjörn Magnusson, future group CEO and president of Sompo.
An insurance industry veteran with more than 25 years of experience, de Courtois has held multiple management roles in the industry, including CEO of AXA Italia.
Insurance Europe president, Andreas Brandstetter, CEO and chairman of UNIQA Insurance Group, said he was delighted to welcome de Courtois to the “important role”.
He added: “Frédéric de Courtois brings with him a vast wealth of knowledge about our industry and I am looking forward to working together with him to represent our industry.”
Brandstetter also thanked Magnusson for his service over the past six years and praised him, particularly for his work “in the area of new technologies and how they impact insurers”.
De Courtois commented: “I am honoured to have been elected vice president and look forward to representing the European insurance industry, which makes a huge contribution both to our society and our economy.”
“I will work hard to ensure that the regulatory environment for insurers properly reflects their business model and enables them to continue to deliver the best results for their clients.”