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Munich Re names Munich Health North America CEO

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Munich Reinsurance Co. on Monday named Juan Serrano as president and CEO of Munich Health North America, effective immediately.

Based in Princeton, New Jersey, Mr. Serrano replaces Donna Peterson, who retired after almost 40 years in the insurance industry.

Mr. Serrano was previously CEO of Prominence Health, a subsidiary of Englewood, Colorado-based Catholic Health Initiatives, where he was also senior vice president of payer strategy and operations.

Before that, Mr. Serrano worked at such organizations as WellCare Health Plans Inc. and UnitedHealth Group Inc.

“Juan is a well-known and widely respected executive in the health industry,” Tom Van den Brulle, Munich Health's CEO of reinsurance, said in a statement. “His deep knowledge of the mechanics and pain points of the industry paired with his demonstrated leadership will help us serve our clients in a time of fundamental change in the market. North America is a key region for Munich Health, and we are investing in future growth.”