Peter McKenna, CEO of MSIG
USA, has announced new executive
leadership appointments aimed at reinforcing the company's
dedication to the U.S. market, fostering a culture of innovation
that anticipates and responds to client needs, and ensuring
continued service excellence along with sustained profitable
growth.
NEW
YORK, May 1, 2024 /PRNewswire-PRWeb/ --
Peter McKenna, CEO of MSIG
USA, has announced new executive
leadership appointments aimed at reinforcing the company's
dedication to the U.S. market, fostering a culture of innovation
that anticipates and responds to client needs, and ensuring
continued service excellence along with sustained profitable
growth.
"These appointments, coupled with the
organizational changes we announced earlier this year, underscore
MSIG USA's significant commitment
to the U.S. market, with increased resources dedicated to helping
U.S.-based and multinational companies navigate their most complex
risks," said McKenna.
"These appointments, coupled with the organizational changes we
announced earlier this year, underscore MSIG USA's significant commitment to the U.S.
market, with increased resources dedicated to helping U.S.-based
and multinational companies navigate their most complex risks,"
said McKenna, "As we embark on intentional growth in this region,
MSIG USA will continue to leverage
our long-standing tradition of building enduring partnerships with
our clients."
The new executive appointments include:
Brian Botkin, joining as Chief
Underwriting Officer, will oversee the company's overarching
underwriting strategy. Botkin brings deep experience in
underwriting, having spent over thirty years at AIG, most recently
as Chief Underwriting Officer, International Financial Lines,
spearheading profitable growth in their global financial lines
business. Botkin's appointment marks a significant strengthening of
MSIG USA's underwriting
capabilities.
Joseph Fitzpatrick, appointed
Head of Distribution, will focus on developing and enhancing
distribution channels across MSIG USA's direct, delegated, and multinational
market segments. Fitzpatrick has extensive experience leading
distribution teams, including his recent Midwest Region Field
Leader role at CNA Insurance. He also spent thirty-three years at
AIG, where he was most recently President of the Midwest Zone for
AIG's North America General Insurance operations. In this role, he
led the strategy, execution, and delivery of General Insurance's
core business and service capabilities to its clients, brokers, and
agents across a fifteen-state territory. Fitzpatrick's experience
uniquely qualifies him to drive growth and outreach strategies for
the organization.
Tracey Estes, joining as Head of
Casualty Products, will lead the expansion of our casualty
insurance portfolio with innovative solutions to grow this area of
the business. Estes has significant experience in casualty lines,
most recently as Head of Large Accounts, Casualty, at Arch
Insurance, where she grew their primary, excess, and international
casualty portfolio over the last ten years. Before Arch, she led
the multinational casualty portfolio at AIG and implemented
casualty programs for Fortune 500 clients. Her impressive
background positions her to greatly enhance MSIG USA's casualty product offerings.
Jayson Taylor, named Head of
Product Innovation, will guide the development of innovative
products, including cyber and casualty insurance. He spent the last
nine years at Argo Group, where he was Head of Excess Casualty,
growing portfolio premium while also improving the overall
profitability of the business. Prior to Argo, Taylor spent three
years as an actuary at QBE North America. His deep actuarial
expertise will be instrumental in refreshing the product lineup for
market leadership.
Hironori Morimoto, Senior
Executive Officer, Head of International Business at Mitsui
Sumitomo Insurance Company, Limited, Executive Officer at MS&AD
Insurance Group Holdings, Inc., commented, "Our ongoing commitment
to the U.S. market is fundamental to our global strategy. The
latest strategic appointments at MSIG USA are a clear indication of our dedication
to sustaining our growth and success in this key market. We are
fully committed to supporting and expanding our U.S. operations,
ensuring that we continue to meet the evolving needs of our clients
with market-leading solutions."
About MSIG USA
MSIG USA is the marketing term
used to refer to MSIG Holdings (U.S.A.), Inc. ("MSIGH"), its insurance
subsidiaries, and their managers. MSIGH's insurers are Mitsui
Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance
USA Inc., and MSIG Specialty
Insurance USA Inc. The insurers
are managed by Mitsui Sumitomo Marine Management (U.S.A.), Inc. and MSIG Insurance Services,
Inc. MSIGH is a subsidiary of MS&AD Insurance Group Holdings,
Inc., one of the world's top P&C carriers with a 350-year
heritage, A+, Class 15 ratings, and a global reach that spans 40+
countries and regions. MSIGH utilizes that heritage to bring the
financial strength, underwriting expertise, exceptional claims
management, global footprint, and innovation necessary to offer
commercial insurance solutions that address unique risks businesses
face in today's market. Our nationwide network of over 500
professionals enables us to provide responsive and personalized
service for our clients. The US-based insurance subsidiaries are
admitted in all P&C lines in all 50 states, the District of Columbia, and Puerto Rico. Not all insurers do business in
all jurisdictions. Actual coverage is subject to the language of
the policies as issued. To learn more, visit www.msigusa.com.
Media Contact
Jennifer Marino, MSIG
USA, 1 5082723084,
Jennifer.marino@msig-na.com, msigusa.com
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SOURCE MSIG USA