– BERMUDA, Pembroke – Hamilton Insurance Group, Ltd. (NYSE: HG) today announced the appointments of Dr. Terri Vaughan and Neil Patterson to its Board of Directors, effective March 11, 2024.
Therese Patterson will also join the Audit Committee as Chair.
Concurrently, Pauline Richards will retire from the Board effective March 11, 2024.
About Therese Vaughan
Terri Vaughan is a seasoned educator, corporate director, and internationally recognized expert in insurance regulation. She was the CEO of the National Association of Insurance Commissioners and served over 10 years as Iowa Insurance Commissioner—the state’s longest-serving and first female insurance commissioner.
Terri Vaughan represented the US insurance regulatory system internationally, as a member of the Executive Committee of the International Association of Insurance Supervisors and the steering committee for the US/EU Insurance Dialogue Project. She chaired the Joint Forum, a Basel, Switzerland-based group of banking, insurance, and securities supervisors.
Terri Vaughan recently served as a director of AI and is on the Board of Verisk Analytics, Wellmark Blue Cross Blue Shield, WestBank, and the Food Bank of Iowa.
About Neil Patterson
Neil Patterson is the retired Chair of the KPMG group of entities in Bermuda.
Neil Patterson spent the majority of his career with KPMG, having joined the firm in 1989. He was a client-facing lead audit partner for over twenty years through his retirement in 2020. He also served as the Risk Management Partner in Bermuda for over twenty years and the Risk Management Partner for the sub-regional firm for fifteen years. Patterson was Office Managing Partner in Bermuda for nine years before taking on the role of Chair.
During his time with KPMG, Neil Patterson served as the Managing Partner of the regional firm The KPMG Islands Group, where he was also a member of the Board of Directors for the European, Middle East, and African firms. He was also a member of the Global Insurance Advisory Group, a sub-committee of the global board that advises on insurance matters affecting member firms around the world.
Neil Patterson is very active in the Bermuda community, having co-founded both Ignite Bermuda, the island’s first privately funded business incubator and accelerator, and Bermuda Investor Community Limited, designed to enhance the flow of capital from angel investors into the Island’s entrepreneurial community.
About Hamilton Insurance Group, Ltd.
Hamilton is a Bermuda-headquartered company that underwrites specialty insurance and reinsurance risks on a global basis through its wholly-owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Re, and Hamilton Select, each with dedicated and experienced leadership, provide us with access to diversified and profitable markets around the world.
For more information: https://www.hamiltongroup.com/
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