Hamilton Insurance DAC names new CEO

Interim chief underwriting officer also appointed

Hamilton Insurance DAC names new CEO

Insurance News

By Terry Gangcuangco

Hamilton Insurance DAC, a subsidiary of Hamilton Insurance Group in Ireland, has announced the appointments of Ross Reynolds (pictured) as chief executive and Matthew Saunders as interim chief underwriting officer.

Subject to regulatory approval, Reynolds is succeeding outgoing CEO Fiona Marry and will join the designated activity company’s board. Based in Dublin, he will report to Hamilton Global Specialty chief executive Adrian Daws, while Saunders will report to Reynolds.

Daws commented: “I am very pleased to congratulate Ross on his promotion to CEO of Hamilton Insurance DAC. He brings extensive experience and a strong track record of leadership and operational excellence. Having worked closely with Ross, I have full confidence in his ability to lead our Dublin-based team.”

Reynolds joined the Bermuda-headquartered specialty insurance and reinsurance company in 2014, following the group’s acquisition of Ironshore Europe DAC in 2019. His most recent role at Hamilton was as global head of operations, preceded by his position as global head of financial planning and analysis.

The promoted leader began his career with Irish Progressive Services International and later moved to Zurich Insurance Company.

Meanwhile Daws also thanked Marry, acknowledging her significant contributions to the company. “My gratitude goes to Fiona for her dedication to the industry and whose efforts have been instrumental in Hamilton Insurance DAC’s strong foundation,” he said. “I wish her all the best in her future endeavours.”

Hamilton Insurance DAC is the designated activity company of Hamilton Insurance Group, which consists of underwriting platforms Hamilton Global Specialty, Hamilton Select, and Hamilton Re.

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