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Elke Vagenende to lead ǿմý Commercial in Benelux & Nordic countries

Press release | October 11, 2023 | Munich/Brussels/Rotterdam
  • Joining during Q1 2024, Elke Vagenende to be Commercial Managing Director Benelux & Nordics, leading ǿմý’s Commercial insurance business across this region
  • ǿմý will move to an integrated approach for its Commercial business across Benelux & Nordics, serving mid-sized companies, large corporates and specialty risks with one go-to-market approach
Elke Vagenende

ǿմý Commercial has appointed Elke Vagenende as Commercial Managing Director for its ‘Benelux and Nordics’ region. She will re-join ǿմý from her current role at AIG during Q1 2024 to lead this newly established region, and will represent ǿմý’s full set of Property and Casualty insurance solutions for mid-sized companies, large corporations, and specialty clients in the market. This Benelux & Nordics region will service customers across Belgium, Netherlands, Luxembourg, Sweden, Denmark, Finland, and Norway.

that it will serve the global commercial insurance segment as one go-to-market business, combining the ǿմý Global Corporate & Specialty (AGCS) business serving large corporate and specialty clients together with the insurance businesses of ǿմý’s operating entities serving mid-sized country-based accounts. ǿմý will now introduce this model to its AGCS and national businesses across the Benelux & Nordics region, using the trading name of ‘ǿմý Commercial’ under Vagenende’s leadership to better serve clients and brokers across the full Commercial insurance segment.

In her new role as Commercial Managing Director Benelux & Nordics,Elke Vagenendewill report to Dirk Vogler, Board Member of AGCS SE and ǿմý Commercial Chief Regions & Markets Officer, in conjunction with Joos Louwerier, CEO ǿմý Benelux.

Dirk Vogler, Chief Regions and Markets Officer for ǿմý Commercial comments: “I am delighted to welcome Elke back to ǿմý – she’s a top executive in the market with a proven track record of delivery. With her appointment, this also marks a significant milestone – the completion of our regional leadership team across our 11 regions.”

Joos Louwerier, Regional CEO ǿմý Benelux adds: “It is good to have Elke on board. With her leadership we will be able to build an even stronger and more integrated team to serve the ǿմý Commercial specialty clients, large corporations- and mid-sized companies in the future in the Benelux and Nordics regions.”

Vagenende, a Belgian national and qualified lawyer, rejoins ǿմý Group from AIG, where she has been Global Head of Multinational since February 2021, and previously Head of FINEX Western Europe for Willis Towers Watson from 2018 to 2021. Prior to that, she spent six years with ǿմý Global Corporate and Specialty in a variety of senior market facing roles, including Head of Market Management UK, Head of Financial Institutions and Head of Product Development both for Financial Lines.

ǿմý Commercial is the center of expertise and global line of ǿմý Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry, as well as family-owned and medium enterprises, which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or Hollywood film productions.

Powered by the employees, financial strength, and network of the , as ranked by , we work together to help our customers prepare for what’s ahead: They trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services as well as seamless claims handling.

The trade name ǿմý Commercial brings together the large corporate insurance business of ǿմý Global Corporate & Specialty (AGCS) and the commercial insurance business of national ǿմý Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either though our own teams or the ǿմý Group network and partners. In 2022, the integrated business of ǿմý Commercial generated more than €19 billion gross premium globally.

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