Complex sentence: Although PSG no longer has stakes in the company, MiWay is still headed up by CEO René Otto, a recipient of the COVER Excellence "Lifetime Contribution to the Short-term Insurance Industry" Award.
Split into simpler sentences: Although PSG no longer has stakes in the company, MiWay is still headed up by CEO René Otto. MiWay's CEO, René Otto, was awarded a COVER Excellence "Lifetime Contribution to the Short-term Insurance Industry" award.