InsurTech firm, Joyn Insurance has announced that insurance industry executive Jim Hackbarth will be joining its Board as its first independent Director.
An experienced veteran within the industry, Hackbarth was most recently President and CEO of Assurex Global – the world’s largest privately held risk management commercial insurance brokerage group.
Joyn CEO Seraina Macia, commented: “We are honored that Jim Hackbarth has agreed to join our Board of Directors. Jim brings an extensive history in the insurance industry and his expertise will be a major asset as Joyn positions itself for a strong growth phase.
“His longstanding relationships with carriers, reinsurers, and brokers will also be instrumental in our future as a company and his deep knowledge of every corner of the insurance industry will be an invaluable resource for our board.”
Hackbarth, commented on joining Joyn’s Board: “I could not be more pleased to continue witnessing the growth of Joyn Insurance and am truly honored to have been asked to serve on its Board of Directors.
“I have known Seraina Macia for over 15 years and have the utmost respect for her successful journey and impact across the insurance industry. The team she has assembled represents some of the industry’s best talent and their vision for the future of insurance is spot on, as evidenced by the strong capital partners who are investing in Joyn’s future. It is exactly what the industry needs and exactly what brokers have long been seeking—both of which are the main ingredients in the recipe for success.”
He continued: “If you aren’t yet working with Joyn, you should get in touch with them immediately as they are truly the future of this industry.”
Earlier this year, Joyn exceeded its target with a $17.7 million Series A funding round. The round was led by OMERS Ventures, with participation from SiriusPoint, ManchesterStory, Cohen Circle, Avanta Ventures and several other private investors.