SiriusPoint taps experience of former Hiscox CEO
SiriusPoint has appointed Bronek Masojada, the former CEO of Hiscox, to its board of directors.
Masojada spent 28 years at Hiscox Group, including more than two decades as its CEO. Under his leadership, Hiscox significantly grew its revenue to almost $5 billion, and expanded its geographic footprint to 34 locations across the world. Currently, Masojada serves as chair of Placing Platform Limited, the industry utility driving digitization of the London Insurance Market.
Sharon Ludlow, Interim Chair of the Board, said: “We are delighted to welcome Bronek to the SiriusPoint board. His extensive industry and executive leadership experience complements our existing board and will be a great asset to SiriusPoint. With his background of company development and growth, he is exceptionally well placed to support SiriusPoint’s management team in the delivery of their strategic goals and continued focus on performance and value creation.”
Masojada commented: “I am honored to be joining the board of SiriusPoint. The Company has robust foundations and I have been greatly impressed by the strides taken to build the business under its new executive leadership. I look forward to working with the board and the executive team to realize their plans.”
Gretchen Hayes, as announced on April 12, 2023, has made the decision to not stand for re-election at the Company’s 2023 Meeting of Shareholders. Following the appointment of Mr. Masojada and the departure of Ms. Hayes, the SiriusPoint board will consist of nine directors, six of whom are independent.