Tony Coram has been appointed as the new chief executive at Munich Re-owned business Great Lakes UK.
Coram joins from DAS UK, where he had been the top boss for over eight years.
After the firm was acquired by Arag in July 2023, he took on the role of chief operating officer for the widened group, with Tony Buss becoming chief executive.
Coram has now decided to depart the firm, with him revealing on LinkedIn that he had become the chief executive at Great Lakes UK in December 2024.
Great lakes is a specialty insurance company that is headquartered in Munich. It has regional branches in Australia, Italy, Switzerland, Ireland and the UK.
The UK arm, which Coram will take charge of, plays “a key role in the Munich Re Group Brexit strategy as carrier for the non-life single risk business”, Great Lakes’ website says.
New committee
Coram’s former firm DAS UK was established over 40 years ago and is made up of the DAS Legal Expenses Insurance Company, DAS Law and DAS Services.
Prior to joining Arag, it had been the legal protection insurance business for German insurance group Ergo in the UK.
The new executive management committee contains three members from Arag’s MGA, three from DAS UK and one from the wider Arag group of companies.
Buss said: “[This] will allow us to share knowledge and skills and to bring new ideas, products and services to our customers, including further digitalisation of our offering.
“Our many dedicated employees are the key to achieving this as they support our customers every day. I am excited about how this new chapter will encourage even more collaboration and best practice.”
