SiriusPoint appoints Darryl Siry as CTO
SiriusPoint Ltd, the Bermudian-headquartered international specialty re/insurer, has appointed Darryl Siry as chief technology officer.
The company said Mr Siry will be responsible for SiriusPoint’s global technology function, with a focus on building a modern technology and operating platform to position the company for growth. He is also responsible for standing up an insurtech incubator that will launch new digital products and solutions.
Mr Siry will report to Prashanth Gangu, chief operating officer and president of Insurance and Services, the company said.
SiriusPoint said Mr Siry is an experienced technology, marketing and operations executive. He will be working on developing an efficient, effective and scalable operating platform for all SiriusPoint operating entities and maximising the value of SiriusPoint’s insurtech partnerships and investments.
Mr Gangu said: “We are delighted that Darryl has joined our leadership team. We launched SiriusPoint with a vision and intention of becoming a tech-enabled re/insurer and driving disruptive change in the industry. Hiring Darryl, an experienced insurance executive with strong entrepreneurial DNA, will accelerate our efforts.”
Sid Sankaran, chairman and CEO of SiriusPoint, said: “I am very excited about Darryl’s hire as a step towards our future as an innovative re/insurer. We are committed to building a strong technology foundation to ensure that SiriusPoint is an industry leader in this regard.”
Mr Siry joins SiriusPoint from ProSight Specialty Insurance Group, a specialty insurance company, where he served as chief technology and operations officer. At ProSight, he led a portfolio of initiatives including digital transformation, customer experience and vendor management.
The company said he was also responsible for leveraging technology and operations to drive the efficiency and effectiveness of the ProSight operating platform while delivering “awesome customer experiences”.
As president of ProSightDirect, he launched an insurtech platform that provided small business professionals with a simple insurance buying experience and a fully online end-to-end servicing platform, SiriusPoint said.
Prior to ProSight, Mr Siry founded NewsBasis, an online service for PR professionals and journalists targeting small businesses.
He also ran marketing, sales and communications during the early growth stage at Tesla when the Roadster was launched.
Prior to Tesla, Mr Siry held various executive roles at Fireman’s Fund/Allianz, SiriusPoint said.