Friday, 17 February 2012
Roland Rechtsschutz-Versicherung appoints Bettina Hesse to board
Cologne-based Roland Rechtsschutz-Versicherung, the legal expenses insurer, has appointed its industrial insurance head Bettina Hesse to its management board. The financial regulator, BaFin, still has to approve the appointment.
Bettina Hesse
Ms Hesse, a lawyer by profession, has been working for the Cologne-based legal expenses insurer since 2008. She currently runs the company's industrial business as well as its international activities in Austria, Italy and the Netherlands—core areas in which the company has high hopes for further growth.
Ms Hesse will remain in charge of these areas and in future will also be responsible for claims, legal issues and compliance.
This brings the number of management board members back up to three. These are Ms Hesse, Chairman of the board Gerhard Horrion, and Chief Financial Officer Ulrich Scholten. Roland Schlitt left the company after twelve years for personal reasons.
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Ms Hesse is the first woman on Roland's management board. In the hotly debated topic of quotas for women on German boards, she is in favour of positive discrimination. “Of course, I support the quota for women, without a quota it's obvious that nothing will change,” she said. With this position, Ms Hesse is in a minority among the publicly voiced opinions in the industry.
Ms Hesse studied in Trier and has worked as a lawyer in major law firms in Germany and Austria. In 2003, she joined ÖRAG, a legal expenses insurance specialist that is owned by the public-law group of insurers.
The Roland group wrote premium income of €305m in 2010, no figures have been published so far for 2011. The company took over HDI-Gerling's legal expenses insurance in 2011. This will add around €60m to its premium income and will rank Roland third place in the very competitive German market. The group is currently ranked fourth after Ergo subsidiary DAS, Allianz and Arag.
Roland belongs to several insurers including Axa, German mutuals Barmenia and Gothaer, as well as Swiss-based Baloise.
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