MSIG Holdings (MSI USA), an onshore US re/insurer and a member of the MS & AD Insurance Group, has announced the appointment of Johan Slabbert as Chief Executive Officer.
Slabbert, currently MS Amlin Underwriting’s (MS AUL) CEO, will take up the role on the 1st of January 2023, subject to customary regulatory approvals.
He holds more than 20 years of executive leadership experience in international re/insurance markets, having held several CEO and CFO roles.
Slabbert began his career at AIG before joining Chaucer Limited as CFO, where he was also CEO for two years, and served as Operating Partner and CEO of Augustus Specialty LLC.
He has been working within the MSI group since 2017, originally as Chairman of Mitsui Sumitomo Insurance Company, Europe. He joined MS AUL initially as a Non-Executive Director and Chairman of the Board in May 2020, before assuming the CEO role later that year.
The company affirmed that since 2020, he has led the transformation of MS AUL, and returned the company to profitable growth for the first time in many years; driving a programme of work to create a more modern and relevant, client focused business with leading talent.
Tamaki Kawate, Director, Head of International Business of Mitsui Sumitomo Insurance, commented, “I am delighted to announce Johan’s appointment as MSI USA’s new CEO. Johan’s significant experience and knowledge of the US (re)insurance industry along with his extensive international contacts will help accelerate our plans to be the (re)insurer of choice for domestic US risks.
“Johan’s leadership strength and commitment to growth, alongside an unwavering determination to achieve, makes him the perfect choice to lead the next chapter in MSI’s growth story.
With our recent acquisition of Transverse, alongside our other US companies, we will under Johan’s leadership, unlock the full potential of our businesses, collaborating both with head office teams in Japan as well as emerging businesses here in the US, to further enhance our differentiated proposition, and see MSI taking a leading position in all distribution and placement channels.”
The company states that Slabbert’s appointment at MSI USA marks the next stage of its plans for rapid international business development and growth, adding that the US expansion will help establish a significant foundation for MSI’s vision of becoming a world leading insurance and financial services group.
