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Chief working officer and insurance coverage & companies president Prashanth Gangu has resigned from international insurer and reinsurer SiriusPoint, lower than a month after the shock exit of former chief government Siddhartha Sankaran.
“On behalf of the SiriusPoint workforce, I want to thank Prashanth for his contributions to our firm and want him properly in his future endeavours,” mentioned interim CEO Daniel Malloy (pictured above), who changed Sankaran after he himself left SiriusPoint earlier this yr. Extra on that right here.
Gangu’s departure sees the appointments of Patrick Charles (pictured instantly above) and Darryl Siry (pictured beneath) to the agency’s government management workforce (ELT). Moreover, Charles is promoted to international head of property and casualty (P&C) insurance coverage & companies after beforehand serving as Americas P&C insurance coverage head.
Siry, in the meantime, is at present the chief know-how officer at SiriusPoint. He now additionally joins the ELT. Each Siry and Charles got here onboard in 2021, the yr when SiriusPoint was born out of the merger of specialty reinsurer Third Level Reinsurance and multi-line (re)insurer Sirius Worldwide Insurance coverage Group.
“I’m more than happy to welcome Patrick and Darryl to SiriusPoint’s government management workforce,” commented Malloy. “These appointments recognise the expertise now we have at SiriusPoint and the contribution that each Patrick and Darryl have made to our enterprise – they’ve been instrumental within the growth of our insurance coverage & companies technique.
“We’ve got the proper management workforce in place to proceed the expansion and growth of the insurance coverage & companies section, which incorporates our thrilling strategic partnerships strategy. We’re dedicated to supporting our sizable portfolio of investments and persevering with to place SiriusPoint because the associate of alternative for entrepreneurial MGAs (managing basic brokers) and insurance coverage service suppliers.”
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