Masojada appointed SiriusPoint chair

SiriusPoint has announced that Bronek Masojada has been appointed chair of its board of directors.

Masojada retired from his role as CEO of Hiscox in 2021, after a nearly-30-year career at the London market insurer.

He joined the SiriusPoint board on May 2 this year, the Bermuda-based re/insurer said.

“It is an honour to take on the role of chair at this pivotal stage of SiriusPoint’s development,” Masojada said.

“The company has robust foundations, an established platform, and an experienced executive leadership team focused on driving performance and delivering results.”

Sharon Ludlow, who joined the board in February 2021, and has been interim chair since May 2022, will continue to serve as a non-executive director.

She remains chair of SiriusPoint’s audit committee, SiriusPoint said.

Masojada said: “On behalf of the board and management team I extend the company’s thanks to Sharon Ludlow. As interim chair, Sharon has guided the board through a challenging transitional year, led the appointment of a CEO who specialises in transformation and growth, and positioned SiriusPoint for future success.”

In his new chair role, he will work with Scott Egan, CEO of SiriusPoint, who joined in September 2022 after leaving his previous role as UK and international CEO at RSA.

Masojada said: “I look forward to continuing to work with Scott and his executive team, and Sharon and our fellow directors, to ensure that performance, stakeholder focus, and value creation remain central to the company.”

Ludlow added: “It has been an honour to serve as interim chair of the SiriusPoint board. Bronek and Scott have valuable and complementary leadership experience building businesses and teams, and driving strong performance and culture.

“I look forward to continuing to work with them, my director colleagues, and the executive management team, to support SiriusPoint as the company enters its next stage of development and growth.”