SiriusPoint hires RSA's Gibbs to lead international business
Rob Gibbs will join the business on December 12
Bermuda-based carrier has appointed Rob Gibbs to oversee the ongoing transformation of its international platform, as new chief executive Egan seeks to turn around the business
Bermuda-based re/insurer SiriusPoint has appointed former RSA executive Rob Gibbs to lead its international business.
Gibbs, who was previously managing director of commercial risks solutions at RSA, will oversee the group's European hubs in Stockholm, Zurich and Liege, a London branch office, Sirius International Managing Agency and Lloyd’s syndicate 1945.
He will be responsible for the management and oversight of run-off activities and oversee the ongoing transformation of SiriusPoint's international platform.
Earlier in the year, SiriusPoint announced plans to close a swathe of its international offices in a bid to turn around the group’s reinsurance business. The group also pulled out of a deal to sell its Lloyd’s managing agency to start-up Mosaic Insurance.
SiriusPoint chief executive, Scott Egan, said: “The ongoing evolution of our international platform, including the integration into that platform of our vital London business, is a priority for me.
"I see great opportunity to strengthen our performance as we refocus our offering, maintain operational and underwriting discipline and deliver outstanding client service
Egan added: "[Gibbs] is an exceptional underwriter, manager and leader, and brings a wealth of experience in markets critical to SiriusPoint."
London-based Gibbs joins the business on December 12 as president of international business and chief executive of SiriusPoint International Insurance Corporation, subject to regulatory approval.
He succeeds Monica Cramér Manhem who announced her retirement in November after 38 years with the company and its predecessor businesses.
In a further appointment, SiriusPoint also announced the promotion of Anders Hjelm to the role of deputy chief executive officer of SiriusPoint International insurance Corporation. Based in Stockholm, Hjelm will also continue in his current role of head of legal and compliance.
Additionally, Jennifer Bowie has been appointed interim chief underwriting officer.