Munich Re’s Hartford Steam Boiler has appointed Jeffrey O’Shaughnessy to lead its treaty division.
He succeeds Tony Trivella, who is set to retire after 40 years of service with the company.
O’Shaughnessy reports to Greg Barats, president and Chief Executive Officer of HSB, part of Munich Re.
HSB says Trivella will work closely with O’Shaughnessy until the end of this year to ensure a seamless transition.
O’Shaughnessy joined HSB in 2002 and worked in the treaty division for 10 years as a product manager and the division’s chief underwriting officer.
“I’m confident we will continue to grow and help accelerate HSB’s product innovation given the solid foundation that Tony has built and Jeff’s new leadership,” said Barats.
“Our value proposition is to deliver successful outcomes for our insurance partners and customers that will help ‘future proof’ their business. Jeff’s experience and his focus on preventive measures and digital solutions will help our clients respond to today’s emerging risks.”
Commenting on his appointment, O’Shaughnessy said, “We envision a world where we can predict and prevent claims from ever happening.
“We will continue to focus on enhancing and innovating HSB’s products to achieve that vision – technology, services and data will all be key focus areas.”
“Our success is largely attributable to the consistency of our team with many members working with the same clients for a number of years,” Trivella added.
“They have an in-depth knowledge of our customers’ strategies and objectives to help meet their needs.”
