HSB Canada has announced the appointment of Barbara Bellissimo as president and CEO. The appointment took effect Monday.
Bellissimo succeeds John Mulvihill, who has retired after 34 years at HSB Canada. During Mulvihill’s tenure as CEO, HSB Canada doubled its revenue, initiated a transformation program and launched an array of new specialty products, the Toronto-based insurer said in a news release.
Bellissimo began her insurance career in 1986. She is the former Canadian head of the largest insurance company in North America and one of Canada’s top P&C insurers. She recently served as chair of HSB Canada’s board of directors. Bellissimo holds the Fellow Chartered Insurance Professional (FCIP) designation. In 2021, she was appointed to the board of directors of the Financial Services Regulatory Authority of Ontario for a three-year term.
“I have had the pleasure of working with Barbara during her tenure as board member and chair,” said Peter Richter, board member of HSB Canada and divisional head for HSB Group. “In addition to her wealth of industry experience, she brings a strong commitment to achieving our growth ambition and a passion for talent development and inclusivity.”
In August, HSB Canada announced the appointment of Jeff Walker as head of its treaty reinsurance, broker and MGA distribution divisions.
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