SiriusPoint Appoints Nestor Lopez to Executive Leadership Team

May 25, 2023

HAMILTON, Bermuda. May 25th, 2023 – SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a global specialty insurer and reinsurer, today announced that it has appointed Nestor Lopez to the Executive Leadership Team as Chief Technology Officer.

Mr Lopez was most recently Chief Information Officer, and replaces Darryl Siry. Mr Siry will be leaving SiriusPoint at the end of June, after a handover period, to pursue other career opportunities.

Mr Lopez joined SiriusPoint in 2022 as CIO reporting to Mr Siry. Mr Lopez takes on leadership of the IT team, reporting to Scott Egan, Chief Executive Officer at SiriusPoint. He is responsible for building out SiriusPoint’s data capabilities, as well as developing and maintaining an efficient, effective, and scalable operating platform for the Company.

Mr Egan commented: “The quality and accessibility of our data is central to SiriusPoint’s strategy and best-in-class aspirations. I look forward to continuing to work with Nestor as we further develop our data and tech capabilities. It is a pleasure to announce his promotion and to recognize the talent we have at SiriusPoint.”

He continued: “Darryl leaves with our best wishes for the future: the IT function and team have thrived under his leadership, and he has been a valuable and active member of the Executive Leadership Team.”

Mr Lopez has over two decades of business transformation experience leveraging technology in the Insurance and Financial Services sectors. Prior to SiriusPoint, he served as CIO at Coaction Specialty Insurance (formerly known as ProSight Specialty Insurance). Previously, Mr Lopez held various leadership roles in information technology and operations, at CNA Insurance, Fireman’s Fund Insurance Company / Allianz Group and General Electric.

About SiriusPoint

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents within our Insurance & Services segment. With over $3.0 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch. For more information, please visit www.siriuspt.com.

Forward-Looking Statements


We make statements in this press release that are forward-looking statements within the meaning of the U.S. federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. Federal securities laws. These statements involve risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. These risks and uncertainties include, but are not limited to, the impact of general economic conditions and conditions affecting the insurance and reinsurance industry; the adequacy of our reserves; fluctuation in the results of operations; pandemic or other catastrophic event, such as the ongoing COVID-19 outbreak; uncertainty of success in investing in early-stage companies, such as the risk of loss of an initial investment, highly variable returns on investments, delay in receiving return on investment and difficulty in liquidating the investment; the costs, expense and difficulties of the integration of the operations of Third Point Reinsurance Ltd. and Sirius International Insurance Group, Ltd.; our ability to assess underwriting risk, trends in rates for property and casualty insurance and reinsurance, competition, investment market and investment income fluctuations; trends in insured and paid losses; regulatory and legal uncertainties; and other risk factors described in SiriusPoint’s Annual Report on Form 10-K for the period ended December 31, 2022.   Except as required by applicable law or regulation, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, or new information, data or methods, future events or other circumstances after the date of this press release.

Contacts

Investor Relations
Dhruv Gahlaut, SiriusPoint
dhruv.gahlaut@siriuspt.com
+44 7514 659 918

Media
Sarah Hills, Rein4ce
sarah.hills@rein4ce.co.uk
+44 7718882011

 

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Source: SiriusPoint Ltd.