Mutual announces new CEO

Mutual Insurance Company has announced that Joanne Richardson joined the company as chief executive officer on September 1, 2018.

“Joanne, given her extensive experience with media liability risks, is a perfect fit for Mutual,” said Rick Spurling, president and chairman of Mutual. “She has both the qualifications and the leadership skills to take Mutual to the next level of insurance products and service.”

Richardson said that the chance to take the helm of a leading media insurer in the insurance and reinsurance environment of Bermuda is the opportunity of a lifetime. “Mutual has over a half-century of experience underwriting media and enjoys an unsurpassed reputation,” Richardson said. “With unprecedented changes in the industry come unprecedented opportunities. The time is perfect to set our next course.”

Richardson was most recently partner at Hiscox Insurance Company in New York, and managing director of its media and entertainment practice. She previously worked at Chubb & Son as the national accounts underwriter for media liability, and at GE Capital, where she was an underwriting officer for media liability.