Veteran Bermudian insurance executive Brian Duperreault has joined the board of Joyn Insurance, the insurance technology company, as an independent director.

Mr Duperreault previously served as executive chairman of AIG’s board of directors and as chief executive of AIG from 2017 to 2021.

Before joining AIG, he worked in senior executive roles at Hamilton Insurance Group, Marsh & McLennan Companies, and Ace Limited.

His work at Ace began when he returned to Bermuda in 1994, took over the reins of the offshore insurer and steadily grew it into a global leader that eventually merged with Chubb, creating one of the largest international insurance groups.

Mr Duperreault, a Bermudian, is one of the most senior and most respected global insurance leaders still active, having led or been connected with some of the most iconic brands in the business.

Joyn chief executive Seraina Macia said: “Brian Duperreault is without question one of the biggest names and most experienced leaders in the entire insurance industry, and we are proud that he will be bringing his expertise to our board of directors.

“Brian has long believed in and supported Joyn’s mission to integrate insurance, data and technology to create a best-in-class insurance experience, and his wealth of expertise will be critical as Joyn continues to grow.”

Mr Duperreault said: “I’ve argued for many years that the insurance industry is ripe for transformation and the team that Joyn has assembled is changing the game for insurance in ways that are long overdue.

“Seraina Macia is one of the most dynamic and forward-thinking leaders in insurance today and the product that her team has created will be the future of this industry. I am honoured to be able to play a part in Joyn’s future.”

In January, Joyn announced $17.7 million in Series A funding led by Omers Ventures with participation from Avanta Ventures, ManchesterStory, Cohen Circle, SiriusPoint, the global specialty re/insurer based in Bermuda, and several private individual investors.

Launched in July 2021, Joyn said it integrates insurance, data and technology expertise, providing a faster, more accurate and more transparent experience that saves time, costs and frustration.

This integration makes Joyn unique within the E&S space as it offers an industry-leading underwriting and workflow platform for the fastest and easiest-to-bind coverages for the market.

Joyn has bound more than 700 policies with approximately 90 trading partners, covering more than 400 insureds.

It offers E&S coverage for property, general liability and excess for companies across more than 700 NAICS codes in 36 states and Washington DC.