SiriusPoint rejigs leadership at int’l unit following shake-up

Leadership appointments through the revolving doors of  SiriusPoint continue, as the specialty re/insurer named fresh top leadership for the international unit it decided to downsize in November.

Rob Gibbs (Pictured) will arrive to become president of SiriusPoint’s international business and CEO of SiriusPoint International Insurance Corporation, subject to regulatory approval.

He replaces  Monica Cramér Manhem, on the out since SiriusPoint CEO Scott Egan, only a September arrival on the scene, determined SiriusPoint would reduce its global footprint and cut headcounts.

Gibbs takes over an international platform set for reductions. SiriusPoint has said it will close offices in Hamburg, Miami and Singapore, and reduce its footprint in Liege and Toronto. SiriusPoint will continue to underwrite North American property catastrophe business from Bermuda, and international property catastrophe business from Stockholm. Gibbs mandate also covers a London Branch office, Sirius International Managing Agency (SIMA), and Lloyd’s Syndicate 1945.

Additionally, Anders Hjelm was promoted to deputy CEO of SiriusPoint International Insurance Corporation while continuing in his current role of head of legal & compliance. Hjelm has been with the company since points in 2021.

Jennifer Bowie becomes interim chief underwriting officer of the unit. She has been the unit’s head of outwards reinsurance since 2021. She replaces Jan Onselius.

Gibbs brings 24 years of re/insurance industry experience, most recently as commercial managing director of Royal Sun Alliance (RSA) in the UK, including serving on the board of RSA’s Reinsurance company.

SiriusPoint CEO Scott Egan commented: “I am delighted to welcome Rob to SiriusPoint. He is an exceptional underwriter, manager and leader, and brings a wealth of experience in markets critical to SiriusPoint. 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. I look forward to working with Rob to execute our strategy and position SiriusPoint for profitable growth.”

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