Business Services Industry
Wolfram Rohde-Liebenau: risk manager beats the German property insurance cartels.(Interview)
Business Insurance, November, 1997 by Kirk, Don Lewis
To some he is a gentleman rebel, to others a rogue. For the history books, Wolfram Rohde-Liebenau is the risk manager who brought down Germany's property insurance cartel - the konsortialkommission, or KOKO. In his modest way, Mr. Rohde-Liebenau will tell you he did nothing of the kind. He merely helped his company, Siemens A.G., buy a large portion of its property insurance outside the domestic German market.
But in so doing, Siemens broke the choke-hold of the KOKO cartel and changed forever the way commercial insurance is bought and sold in Germany. It's not surprising that it was Mr. Rohde-Liebenau who catalyzed a shift in the market. During his career he has been a front-line defender of buyers' rights, a pioneer of risk management in his own country and a...
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