Veteran insurance and reinsurance executive and former CEO of United Risk, SiriusPoint, and Third Point Re, Dan Malloy, joins specialty MGA Banyan Risk on May 1st, 2026, as Executive Managing Director.
With four decades of industry experience, including senior executive and leadership positions across a range of brokers, insurers, and reinsurers, Malloy joins Banyan Risk as the firm embarks on its next phase of growth and further scales its underwriting platform.
In his new role, Malloy will work closely with Banyan Risk’s co‑founders and CEOs, Tim Usher-Jones and Peter Horrobin, and the MGA’s leadership team. He will be tasked with supporting the continued growth of the business across people, products, and geography.
While serving as CEO of Bermuda-based re/insurer SiriusPoint, Malloy played a key role in establishing the partnership between SiriusPoint and Banyan Risk, so has been closely involved with the company since its launch in 2021, and is described as a long‑standing contributor to the MGA’s early development.
Usher‑Jones commented: “Dan is a highly respected industry leader with a track record of profitably growing specialty insurance and reinsurance platforms. His experience and perspective will be invaluable as we continue to grow the business and build on the momentum we have established.”
Horrobin said: “Dan has been part of Banyan’s story from the beginning, and he understands exactly what it takes to build a high‑performing underwriting platform. Having him back in a full‑time leadership role is a significant step for us as we continue to grow the business and broaden our underwriting capabilities.”
Commenting on his new role, Malloy said: “What really attracts me back to Banyan is the substance of what Peter, Tim, and the team are building. Over a relatively short period of time, the business has evolved from a focused D&O platform into something much broader, with real depth and credibility. That transformation doesn’t happen by accident – it reflects a huge amount of hard work, disciplined growth, and a relentless focus on building a quality and profitable underwriting business. I’m excited to join at a point where that effort is being recognised and there is a real opportunity to build on it.”
The appointment of Malloy further strengthens the firm’s senior leadership, and follows the additions of John Berger, Bob Cox, and Andrew Cook to Banyan Risk’s Advisory Board back in March.
