SiriusPoint Ltd., a global specialty insurer and reinsurer, has announced the appointment of Bronek Masojada to the Company’s Board of Directors. His new role will be effective from May 2, 2023.
Masojada is a market veteran with nearly 30 years of public company executive leadership experience.
Sharon Ludlow, the Interim Chair of the Board commented on his hire, “We are delighted to welcome Bronek to the SiriusPoint board. His extensive industry and executive leadership experience complements our existing board and will be a great asset to SiriusPoint. With his background of company development and growth, he is exceptionally well placed to support SiriusPoint’s management team in the delivery of their strategic goals and continued focus on performance and value creation.”
Masojada has spent about 28 years at Hiscox Group, which is a global specialist insurer and reinsurer, his remit included serving as its CEO for more than two decades. At Hiscox, he was responsible for the significant growth in revenue to almost $5 billion that the company saw along with this he had a hand in expanding its geographic footprint to 34 locations across the world. Masojada first joined Hiscox in 1993 as Group Managing Director.
Prior to joining Hiscox, Masojada began his career at McKinsey & Company. Currently, he serves as Chair of Placing Platform Limited, the industry utility driving digitization of the London Insurance Market.
Masojada has also served as the Deputy Chairman of Lloyd’s for 7 years and was the Chairman of the Lloyd’s Tercentenary Research Foundation for another 6 years.
Masojada also chairs the East End Community Foundation which serves residents in Newham, Tower Hamlets, Hackney and the City of London.
Masojada commented, “I am honoured to be joining the board of SiriusPoint. The Company has robust foundations and I have been greatly impressed by the strides taken to build the business under its new executive leadership. I look forward to working with the board and the executive team to realize their plans.”
Gretchen A. Hayes, as announced on April 12, 2023, has made the decision to not stand for re-election at the Company’s 2023 Meeting of Shareholders. Following the appointment of Masojada and the departure of Hayes, the SiriusPoint board will consist of nine directors, six of whom are independent.
