A Hannover Re stalwart has launched his own full-service reinsurance managing general underwriter (MGU) as a response to the growing demand for specialized and responsive approach to reinsurance.
YOU RE, founded by Yury Braun, a vice president at Hannover Re, has entered the market with a focus on data-driven underwriting.
Braun said that the company specializes in casualty, non-CAT property, professional liability, and cyber lines, aiming to provide capacity for underserved segments while optimizing risk assessment and portfolio management for its capacity partners. YOU RE launches with a focus on niche US and casualty driven risks.
Braun noted that the firm is working exclusively with AM Best-rated reinsurers, ensuring clients receive full reinsurance credit without requiring collateral management.
Before founding YOU RE, Braun was the vice president of North American specialty at Hannover Re, having worked at the reinsurance giant for over 14 years. Prior to this role, he was also the vice president for underwriting, North American specialty from 2021 to 2024.
During this time Braun helped develop Hannover Re’s insurtech and agency portfolio in the US market, expanding the division from three to 11 underwriters.
Prior to this, Braun also held other roles at Hannover Re, including vice president of underwriting, specialty casualty and professional liability, underwriter for US special casualty, and underwriter for Central and Eastern Europe.
Before his stint with the giant reinsurer, Braun also worked for four years as an adjunct professor of international management at the FHDW University of Applied Sciences in Hannover, Germany.
In establishing the new MGA, Braun said that the reinsurance industry is shifting toward greater transparency, improved risk selection, and more efficient capital deployment.
“By combining advanced technology with deep underwriting expertise, we are strengthening risk selection and portfolio management for our capacity partners while delivering tailored solutions to underserved market segments,” he said.
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