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Munich Re America HealthCare announces new Chief Underwriting Officer and new Chief Actuary

Munich Re America HealthCare (MRAHC), one of the nation’s largest providers of healthcare risk management solutions, has announced the promotion of Richard Phillips to the position of Chief Underwriting Officer. Mr. Phillips, previously Underwriting Manager for first dollar medical business, joined MRAHC in 1998 and has over 20 years of experience in the life and health insurance industry. He received his Fellowship of the Society of Actuaries (FSA) designation in 1994, and became a Member of the American Academy of Actuaries (MAAA) in 1993.

Additionally, it was announced that Nicholas Potenza, previously Vice President, Actuarial Services, has been promoted to the position of Chief Actuary. Mr. Potenza joined MRAHC in 1999 as an actuarial analyst. He received both his FSA and MAAA designations in 2006.

“We are pleased to have such strong leadership in these critical business positions,” said Ed Griese, President and CEO of Munich Re America HealthCare. “Both Rich and Nick are exceptionally talented individuals and I congratulate them both on these well earned promotions.”

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Munich Re America HealthCare, one of the leading providers of healthcare risk management solutions in the U.S., is a division of Munich Reinsurance America, Inc., a member of the Munich Re Group. For more information about Munich Re America HealthCare, please visit www.mrahc.com..

Munich Re America Corporation, a member of the Munich Re Group, is one of the leading providers of reinsurance in the United States. Through its subsidiaries, it writes treaty and facultative reinsurance, insurance, and provides related services to insurance companies, other large businesses, government agencies, pools, and other self-insurers. The Munich Re Group, whose business also includes primary insurance and asset management, has a preeminent position in the global reinsurance industry. It is headed by Munich Reinsurance Company of Munich, Germany, which includes reinsurance subsidiaries, branches, service companies, and liaison offices in more than 60 locations worldwide, serving corporate clients from around 160 countries. More about Munich Re America products and services can be found at www.munichreamerica.com.

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