Munich Re Specialty Insurance announced today the appointment of Jim Wallace as Head of Property, Excess & Surplus Lines. He reports to Jill Beggs, President, Excess & Surplus Lines, Munich Re Specialty Insurance.
Wallace joins a team that includes Diane Link who joined earlier this year as Head of Casualty, Excess & Surplus Lines. Link also reports to Beggs.
“I am thrilled to have Jim and Diane as part of our team and look forward to working closely with them,” said Beggs. “They bring a wealth of experience to their respective areas including a deep expertise and understanding of the specialty lines business which makes them well-positioned to help Munich Re Specialty Insurance take advantage of profitable growth opportunities in the market.”
With more than 30 years of experience, Wallace most recently served as the President of the U.S. Property Excess and Surplus Line Division of a U.S.-based insurance company. In the past, he has held a number of senior executive roles at several insurance companies including Senior Vice President and Director of Property Underwriting, Vice President and Regional Managing Director, and Regional Vice President. Wallace has a Bachelor of Arts degree from the University of Connecticut.
In the past, Link was the Head of Excess & Surplus Casualty insurance for North America at a global reinsurance company where she previously held additional leadership roles as Global Head of Casualty Facultative Product Management and Head of Middle Market Excess Casualty. She has a Bachelor of Science degree from DePaul University and an MBA from the University of Chicago Booth School of Business. Link has also attained the CPCU and Associate in Risk Management (ARM) designations.
