Munich Re's HSB appoints new reinsurance portfolio business leader

Munich Re-owned multi-line specialty insurer HSB has appointed Jeffrey O’Shaughnessy to lead its reinsurance portfolio business, succeeding Tony Trivella who is retiring after 40 years with the company.

O’Shaughnessy will serve as senior vice president and head of HSB's treaty division, reporting to Greg Barats, president and chief executive officer of HSB.

O’Shaughnessy has been HSB global chief underwriting officer since 2017. He joined HSB in 2002 and worked in the treaty division for 10 years as a product manager and the division’s chief underwriting officer.

Barats commented: “I’m confident we will continue to grow and help accelerate HSB’s product innovation given the solid foundation that Tony has built and Jeff’s new leadership. Our value proposition is to deliver successful outcomes for our insurance partners and customers that will help ‘future proof’ their business. Jeff’s experience and his focus on preventive measures and digital solutions will help our clients respond to today’s emerging risks.”

O’Shaughnessy said: “We envision a world where we can predict and prevent claims from ever happening. We will continue to focus on enhancing and innovating HSB’s products to achieve that vision – technology, services and data will all be key focus areas.”