Kotsakis to succeed Augustsson as head of Skuld Piraeus

By Ryan Hewlett

June 16 - (The Insurer) - Norwegian protection and indemnity club Skuld has announced that Leandros Kotsakis will succeed Kjell-Åke Augustsson as head of Skuld Piraeus.

Augustsson will retire from his position as senior vice president and head of Skuld Piraeus on February 28, 2026, with Kotsakis taking over the leadership of the Piraeus office from March 1, 2026.

Augustsson joined Skuld for the first time in 1990 and was an underwriter for 10 years before moving to the Swedish Club. He then re-joined Skuld in 2012 to launch its Singapore office and has led the Piraeus office since 2015.

Kotsakis has been part of Skuld’s claims organisation since 2007 and has a long-standing reputation in the Greek market. He will lead the team and daily operations in Piraeus.

He will be supported by Thea Thorstensen, senior vice president, business development, who will manage the underwriting for Skuld in the Greek market.

In addition, Skuld has announced that Mudit Singh will be the new leader of the Skuld Western Europe business unit, with effect from June 15.

This follows Thorstensen’s transition into her role in the Piraeus office.

Singh started at Skuld in 2018 and most recently served as head of FDD in Western Europe. He will take full leadership for the business unit, supported by Erwan Merrien, who will take on a new role as vice president, head of underwriting, Skuld Western Europe.