Toronto-based specialty insurer and part of reinsurer Munich Re, HSB Canada, has appointed Barbara Bellissimo as its new President and Chief Executive Officer (CEO), effective April 1st, 2024.
She succeeds John Mulvihill, who has retired after a successful 34-year career with the insurer.
The insurer explained that under Mulvihill’s leadership, HSB Canada doubled its revenue, introduced a host of new specialty products, and initiated a significant transformation program.
Bellissimo is an industry veteran who began her insurance career in 1986 and is a Fellow Chartered Insurance Professional (FCIP).
She is formerly the Canadian Head of the largest insurance company in North America and one of the top P&C insurers in Canada. She recently served as chair on HSB Canada’s board of directors.
Peter Richter, Board Member, HSB Canada and divisional head, HSB Group commented, “I have had the pleasure of working with Barbara during her tenure as board member and chair.
“In addition to her wealth of industry experience, she brings a strong commitment to achieving our growth ambition, and a passion for talent development and inclusivity.”
