Nils Reich becomes the new board member at R+V: A new beginning in the composites business!

Nils Reich becomes the new board member at R+V: A new beginning in the composites business!

Nils Reich will be the new board member for the composite business of R+V Versicherung AG from September 2025. The experienced manager comes from AXA, where he most recently led the global health insurance business as CEO Health. This decision marks an important step for R+V, which was able to gain a competent expert in Reich for its composites business.

Reich brings extensive experience in property/casualty business, which he gained in his previous position as Board Member for Composite at AXA Group AG from 2018 to 2023. In this role, he was largely responsible for coordinating all activities in the composite private customer business. Previously, he was Global Head of P&C Retail at AXA Group and led the global retail property/casualty business. His career began in 2008 at the Boston Consulting Group before moving to AXA in Cologne in 2015 to be responsible for the areas of strategy, organization and smart data Trade newspaper reported.

Change and continuity

Reich succeeds Klaus Endres, who took over the newly created Operations and IT department in April 2025. Until Reich takes office, Endres will continue to manage the composites business on an interim basis. Under Endres' leadership, the premium volume of the composite business increased from 6.5 billion to almost 8 billion euros, and claims management improved significantly, which increased customer satisfaction. This shows Endres’ unquestionable competence in transforming the company.

R+V's composite business comprises around 8 billion euros in premium income and therefore accounts for almost half of R+V's German primary insurance business. From 2026, Reich will also be responsible for managing broker sales in the composite sector, which will benefit from his extensive expertise in the insurance sector Experts.de emphasized.