Global specialty insurer and reinsurer SiriusPoint has appointed Anthony Shapella as Deputy Chief Underwriting Officer, effective from the 5th of September, 2023.
Shapella joins SiriusPoint from AIG, where he held several senior roles throughout his decade tenure.
These include Global Head of Portfolio Analytics, Chief Risk Officer for Financial and Liability Lines and Risk Aggregation Analytics Director.
Before Aon, Shapella worked for Towers Watson in insurance consulting and reinsurance brokerage roles.
Now, in this newly created role, SiriusPoint states that Shapella will work closely with its global executive and underwriting leadership to create “underwriting value and growth.”
“His focus will be on profitability and performance management, optimizing underwriting capital allocation, disciplined portfolio management and delivering a One SiriusPoint approach to global underwriting,” the firm explained.
David Govrin, SiriusPoint Group President, Chief Underwriting Officer, and to whom Shapella will report, commented, “I am very pleased to welcome Anthony to SiriusPoint. He is a leader in his field with almost 20 years of experience and a strong and diverse background across all aspects of underwriting. He brings significant depth to the global underwriting function.
“SiriusPoint is an underwriting-first company and we have undertaken considerable action over the last two years to refine our underwriting model and culture, align our risk appetite with our global strategy, and effect dramatic improvement in our portfolio.
“I am delighted that we are creating a culture and building a track record of performance that is drawing the industry’s top talent to us.”
Shapella, who will be based in New York, added, “There is real momentum building at SiriusPoint for the Company to become ‘best in class’ in the markets in which it operates.
“Continued disciplined underwriting is part of the journey to profitability and success and I am looking forward to joining the Company to contribute and collaborate with the team and our stakeholders.”
