Pioneer Underwriters (Pioneer) will soon have a new face at the helm of its US operation. The international firm has appointed Nick Greggains as US chief executive. He will take up the position on March 25 and will be based in New York.
Greggains brings three decades of insurance industry experience to Pioneer. From 2007, he was US chief underwriting officer at Catlin before its merger with XL, after which he became director of underwriting of XL Catlin Americas and CEO of XL Catlin Canada.
“The US market offers up excellent opportunities for an innovative underwriting organization like Pioneer which can deliver superior products and services to match client needs,” said Greggains. “There’s a great team at Pioneer US, I’m delighted to join it and look forward to helping them take the business to the next level.”
In his new position, Greggains will report to Andrew McMellin, Pioneer Group CEO. McMellin commented: “Pioneer has built a successful US operation over the past few years and remains a key strategic focus for us. There are significant opportunities for an agile, client-centric insurer like Pioneer in that market and Nick has the talent, expertise and market recognition to spearhead our expansion plans.”
Greggains is taking over from current US CEO Gene Hinman, who will become president of Pioneer US until his retirement at the end of the year.
“I would like to thank Gene for his success in establishing Pioneer in the US. He has been an invaluable asset to our business,” McMellin added. “As president, he will provide welcome expert advice during the transition.”