Newline Europe Announces New Executive and Leadership Appointments

Newline Europe Versicherung AG (Newline Europe) today announced that its Supervisory Board has appointed Dirk Allerdissen to the Executive Board as of March 1, 2025.

With 20 years of experience in insurance management, Mr. Allerdissen joined the Company in 2020 as Head of Operations & Risk Management, making significant contributions to business development and risk management. As a member of the Executive Board, he will play a key role in the strategic development of the company.

In addition, Markus Schäfer has been appointed Head of Underwriting for Newline Europe Versicherung AG, overseeing Liability & Clinical Trials as well as Financial Lines.

With almost 25 years of experience in underwriting, Mr. Schäfer joined the Company in 2019 as a Senior Underwriter, and since 2020, has served as Head of Liability & Clinical Trials. In his new role, he will be responsible for implementing forward-looking underwriting strategies and developing innovative products.

"We welcome Dirk to the Management Board. His leadership qualities and deep understanding of the industry will be instrumental for the further development of our company organization," said Manuel Wirtz, CEO of Newline Europe Versicherung AG. “At the same time, we are very pleased that Markus is taking over responsibility for underwriting in our company, which has grown significantly. His extensive experience and firm commitment to Newline's disciplined underwriting approach will help us to continue to grow profitably."

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About Newline Europe

Newline Europe Versicherung AG is a Cologne-based insurance company licensed by the German Federal Financial Supervisory Authority (BaFin). Newline Europe is a subsidiary of Newline Insurance Company Limited and serves as the continental European insurance hub of the Newline Group. The Newline Group is a market-leading specialty insurer headquartered in London with offices in the UK, Europe, Asia, Australia, Canada and Latin America. In addition to Newline Europe, the Newline Group writes insurance business through Newline Syndicate 1218 at Lloyd's and Newline Insurance Company Limited. Newline Group is part of Odyssey Group, a leading global reinsurer and specialty insurer. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited. For more information, please visit newlinegroup.com.