Gossmann&CEI Welcome

PORTFOLIO REFINEMENT

GOSSMANN & CIE. has developed an entirely new concept to restructure and improve Non-Life-Portfolios of European insurers.

As of the 4. Quarter of 2019 we will offer our clients "ExPRO" (Expiring Policy Roll-Over), an innovative product that empowers insurance companies for the first time to optimise their portfolios on an ongoing basis.

With this new concept, capital and operational resources can be released simpler, faster and more cost efficiently than for example by means of a block sale of legacy portfolios.

As strategic partner and exclusive reinsurer, Munich Re will support transactions and take a relevant share of the risk.

PRESS RELEASE

Hamburg, 5th September 2019.
ExPRO (Expiring Policy Roll-Over) heading for market launch

  • Joanna Aquilina to be Executive Director of Gossmann & Cie.’s new risk carrier
  • Patrick Riecken will join as Head of Underwriting
  • First tests of ExPRO reveal a reduction in cost of capital in the range of 17 to 49 per cent
Press release >>