– USA, FL – Brown & Brown, Inc. (NYSE: BRO) today announced the additions of Paul Krump and Bronek Masojada to its Board of Directors.
“Paul and Bronek are highly accomplished leaders who have guided some of the world’s most respected insurance companies through periods of extraordinary growth. Their broad and deep knowledge in the insurance industry, together with their international experience, will benefit Brown & Brown as we continue to pursue strategic growth opportunities that create long-term value for our shareholders,” said Palmer Proctor, lead independent director and chair of the Nominating Governance Committee.
About Paul J. Krump
Paul Krump retired from Chubb Limited, the world’s largest publicly traded property and casualty insurance company, effective January 1, 2023, most recently serving as vice-chairman of global underwriting and claims from September 2020 until his retirement. From 2016 to 2020, he served as Chubb Group and North America commercial and personal insurance president EVP. Before Chubb Limited’s January 2016 acquisition of The Chubb Corporation, Krump served as COO of The Chubb Corporation. He joined The Chubb Corporation in 1982 as a commercial underwriting trainee in the Minneapolis office. Krump held numerous headquarters and field positions in the United States and Europe, including president of personal lines and claims and president of commercial and specialty lines.
About Bronislaw E. Masojada
Bronek Masojada served as COO of Hiscox Group, a global specialist insurer, and reinsurer listed on the London Stock Exchange, from 2000 until his retirement in 2021. He first joined Hiscox in 1993 as group managing director. Before joining Hiscox, Masojada began his career at McKinsey & Company. He served as deputy chairman of Lloyd’s of London from 2001 to 2007 and as chairman of the Lloyd’s Tercentenary Research Foundation from 2008 to 2014. Masojada currently serves as chair of the board of directors of SiriusPoint Ltd.
About Brown & Brown, Inc.
Brown & Brown, Inc. is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With 15,000+ teammates in 500+ locations worldwide, we are committed to providing innovative solutions to help protect what our customers value most.
For more information: https://www.bbinsurance.com
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