Munich Re has appointed Tobias Frenz as chief executive officer of its Singapore branch, effective July 1. He succeeds James Park, who is leaving to pursue a new opportunity outside of the group.
Frenz takes on the role of CEO Singapore in addition to his existing responsibility as head of digital solutions, life and health, Asia-Pacific and the Middle East. He will continue to be based in Singapore, reporting to Daniel Cossette, chief executive, life and health, Asia-Pacific, the Middle East and Africa.
Frenz has been with Munich Re for 20 years, having worked in Germany, the United Arab Emirate, Malaysia and Singapore in various client management and senior leadership roles, including heading its retakaful business. As head of digital solutions, he oversees the development the group’s life and health digital solutions, spanning artificial intelligence, predictive analytics, augmented automated underwriting and claims solutions.
He holds a master’s degree in mathematics and economics from the University of Dortmund, a certificate in Islamic finance from CIMA and is a fellow of the Actuarial Society of Germany.
Surbhi Goel, managing director and head of property and casualty, will take on responsibility for Munich Re’s property and casualty business in Singapore and Southeast Asia, reporting to Roland Eckl, Chief Executive – Japan, India, Korea, Singapore and Southeast Asia, with effect from 1 July 2022.
Goel joined Munich Re in Singapore in April this year from the group’s joint venture in India, HDFC Ergo, where she held a senior role responsible for reinsurance, property and casualty underwriting. She has 20 years of experience in reinsurance, business development, structuring and procurement, broking relationship management and underwriting of property and casualty lines of business.
She holds a BA honours degree in economics from Delhi University and a post graduate diploma in insurance and risk management from Birla Institute of Management Technology.