SiriusPoint has a new man at Lloyd’s
SiriusPoint Ltd, the Bermudian-based global specialty re/insurer, has appointed Bobby Heerasing as active underwriter of Lloyd’s Syndicate 1945.
Mr Heerasing joined SiriusPoint in October last year with more than 25 years of market experience.
Previously CEO of Asia Capital Re and a board member of ACR Holdings and ACR Group, he also spent 18 years at Catlin as chief underwriting officer, and XL Catlin as regional underwriting director of Asia Pacific (Insurance).
Currently also head of international strategic business development, it was previously announced that Mr Heerasing will take on the role of SiriusPoint UK country brand manager following the sale of SiriusPoint’s Lloyd’s managing general agent to Mosaic Insurance.
The sale, which is expected to complete in the fourth quarter of the year subject to Lloyd’s and regulatory approvals, will see Robert Harman, managing director of Sirius International Managing Agency and SiriusPoint London chief executive officer, transition to Mosaic to continue his role as CEO of the managing agency.
SiriusPoint will retain Syndicate 1945 and its UK branch operations.
“I am delighted have an underwriter of Bobby’s calibre and experience leading Syndicate 1945,” said Scott Egan, chief executive officer of SiriusPoint.
“The Lloyd’s market is an important and integral part of SiriusPoint’s offering. The strength of this appointment reflects our commitment to building a profitable and sustainable business and adding value to the Lloyd’s franchise.”