Westfield Center, Ohio
Westfield, a U.S.-based property and casualty insurer, has announced the appointment of Henning Haagen as Chief Underwriting Officer (CUO). Haagen brings a stellar global track record to this key leadership position, where he will build upon Westfield’s strong underwriting foundation to enhance portfolio management capabilities and ensure high-quality, consistent performance aligned with strategic corporate goals.
„Henning brings deep expertise and leadership qualities that will strengthen our underwriting strategy and portfolio management,“ said Ed Largent, CEO and President. „His impressive experience in underwriting leadership, global distribution, and portfolio performance will enhance our ability to achieve disciplined, profitable growth and drive our commitment to excellent underwriting.“
Haagen, who will assume his role on September 2 at Westfield’s office in New York City, will oversee the development and implementation of underwriting strategy, standards, and governance for Westfield’s global portfolio of personal, commercial, bond, and specialty insurance. His responsibilities include chairing the Enterprise Underwriting Portfolio Strategy Committee, managing risk appetite and aggregation across the global portfolio, improving underwriting quality, talent management, enterprise strategy for ceded reinsurance, and providing strategic insights to drive profitable growth and return on equity.
Haagen joins Westfield from HIVE Underwriters Limited, where he served as Chief Development Officer and board member. Prior to that, Haagen held various leadership positions in underwriting and distribution at Allianz Commercial in Munich, London, and New York, where he last led global distribution, global multinational underwriting, and claims handling across Europe, UK, Asia-Pacific, Australia, Africa, and South America, overseeing nearly 1,800 employees. Under his leadership, Haagen successfully executed a comprehensive restructuring, transforming a distressed portfolio into a lean, growing, and profitable business.
His strategic leadership responsibilities included setting regional and global underwriting strategies, aligning risk appetite with corporate objectives, and enhancing multinational capabilities.
„I am delighted to join Westfield and contribute to an organization with a strong heritage and bold ambitions for the future,“ said Haagen. „I look forward to collaborating with our underwriting teams across the company to develop strategies that drive consistent underwriting excellence and profitable growth, strengthening our market impact.“
About Westfield
Established in 1848, Westfield is a leading global provider of property and casualty insurance, offering customers a superior understanding of risk and innovative solutions through a portfolio of insurance products. Through a network of top independent agents and brokers in the United States, Westfield provides insurance coverage for businesses, personal lines, bond insurance, and specialty insurance, as well as specialty products through Lloyd’s of London Syndicate 1200. As a mutual insurance company with nearly 3,000 employees, Westfield has a revenue of over $4 billion and assets exceeding $11 billion.
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Press Contact:
Sheila Trauernicht,
E-Mail: sheilatrauernicht@westfieldgrp.com