Michael Schnur joins broker as executive vice president in client development group

Benfield has announced that Michael Schnur has joined the firm as executive vice president. Schnur will co-head Benfield’s client development group.

Schnur has spent his entire 30-year career in the reinsurance business. Most recently, he was executive vice president at Guy Carpenter & Company and held several senior leadership positions, including Global Business Development Leader.

Prior to that, Schnur was an executive vice president and member of the board for Aon Re, where he managed new business production.

Schnur will be based in Benfield’s Chicago office.

“Mike is a highly respected reinsurance broker and industry leader of long standing. We are delighted to have him join the Benfield team,” said Paul Karon, CEO of Benfield.

Commenting on the appointment, Robert Bredahl, president of Benfield and global head of Benfield Advisory, said: “Mike’s experience in the reinsurance industry is unsurpassed. I have no doubt that our clients will find Mike to be a valuable asset.”