Tobias Sonndorfer (CFA), Chairman and CEO of VIG Re, said the company’s new three-year strategy, VIG Re 28, marks a natural evolution to leverage data and technology to enhance customer value and create compelling opportunities to work with partners to navigate global uncertainty.
The new three-year strategy is centered around three pillars: Strengthen, Expand and Accelerate.
The executive said the strategy, developed as VIG Re grows, is designed to allow the reinsurer to support clients in a more meaningful way to help them address current and future risks.
Sonndorfer explains: “The first pillar, ‘Enhancement,’ means doing what we do now better. It requires an increased focus on deepening relationships with customers, increasing our penetration in the market, and developing our knowledge proposition for customers, supported by leveraging, simplifying and modernizing processes and technology.”
He continued, “The second pillar, expansion, is to enhance our capabilities outside of our client market organization through verticals such as temporary reinsurance and international natural business, which we will refer to as specialty markets in the future.
“We will also expand our geographic reach and increase our presence in Asia, supported by our Singapore office. VIG Re will open VIG Singapore in 2026 to support our operations in Asia.
“Ultimately, Accelerate’s goal is to increase the value we bring to our customers and deliver a seamless experience, powered by our expertise and technology capabilities. Driven by our values of passion, partnership and performance, we will continue to be a trusted partner.”
Sonndorfer said the strategy is customer-centric and aims to bring VIG Re closer to customers with relevant, reliable solutions, both leveraging its expertise and strengthening its geographical presence in Asia for existing and new customers.
He added that in executing this strategy, the company will continue to focus on what matters most to it, maintain underwriting discipline and adhere to the principles of sustainable growth.
The executive concluded: “First and foremost, I’m proud to present this strategy as it leads us into the next chapter of VIG Re. VIG Re 28 is a natural evolution, leveraging data and technology to deliver greater value to our customers and create exciting opportunities to work with our partners in the face of global uncertainty.”