Munich Re Specialty names head of US programs

May 21, 2024 [INSURANCE BUSINESS] - Munich Re Specialty has announced the appointment of Claudia Carnevale as head of US programs.

Carnevale will manage the $1 billion gross written premium (GWP) US programs business, which has expanded over the past three years to include more than 28 active programs with 11 partners.

Reporting to Kevin Johnson, president of North America Programs, Carnevale will lead the US team of underwriters who specialize in various program areas.

Carnevale joins Munich Re Specialty from Homesite Underwriting Managers, where she served as senior vice president and chief risk officer. Her career also includes roles at Allied World, where she was senior vice president and head of programs, and at Starr Insurance Companies, where she was deputy manager of programs.

At Starr, Carnevale was part of a new management team that developed a business plan and coordinated the implementation of MGA/MGU portfolios, producing approximately $160 million of P&C business in two years.

She has also held positions at Partner Reinsurance Company, QBE the Americas, and Generali US Branch, bringing extensive experience in managing general agents and reinsurance underwriting.

Carnevale holds a bachelor of arts in political science from American University in Washington, DC, and holds CPCU and ARe designations. She is a member of the APIW and John Street Club.