Joan Lamm-Tennant Joins Hamilton Insurance Group Board
HAMILTON, Bermuda, March 9, 2015 – Hamilton Insurance Group (“Hamilton”), the Bermuda-based holding company of property and casualty reinsurer Hamilton Re and of Hamilton USA, the organization’s U.S. property and casualty insurance operations, today announced that Joan Lamm-Tennant has been appointed to its Board of Directors.
Ms. Lamm-Tennant is an acknowledged leader in the field of global economics and risk strategy. Her expertise includes emerging market growth strategy, enterprise risk modeling and implementation of risk-based decision processes resulting in capital efficiencies.
“It is with distinct pleasure that I welcome Joan to Hamilton’s Board,” said CEO Brian Duperreault. “She is a revered business executive, an accomplished scholar and a global thinker. Her passion for innovation matches the strategic focus of Hamilton Insurance Group, and I am delighted to have her with us.”
“I am excited about this rare opportunity to work with esteemed insurance and investment leaders who are building a company positioned to excel in and define a new market environment,” said Ms. Lamm-Tennant.
Ms. Lamm-Tennant is currently Global Chief Economist and Risk Strategist at Guy Carpenter & Company, LLC. She is transitioning to the role of Chief Executive Officer of a Microinsurance Venture Incubator (MVI) launched at the World Economic Forum in January by a consortium of insurance companies that includes Guy Carpenter and Hamilton Insurance Group.
Since 2012, Ms. Lamm-Tennant has been focusing on an emerging market strategy for Guy Carpenter together with Marsh & McLennan by designing an industry-owned facility intended to create a competitive market for microinsurance. She was instrumental in establishing the MVI launched in January.
Ms. Lamm-Tennant holds a Ph.D. in Finance and Investments from the University of Texas, Austin, Texas. In addition, she holds an M.B.A. in Finance from St. Mary’s University, San Antonio, Texas, and a B.B.A. with Honors in Accounting from St. Mary’s University, San Antonio, Texas. She sits on the faculty of the Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania, and holds the Laurence and Susan Hirsch Adjunct Chair in International Business.
Ms. Lamm-Tennant is the recipient of the 2013 APIW Insurance Woman of the Year and the 2012 International Insurance Society Kenneth Black Award for service and commitment to the advancement of the global industry.
About Hamilton Insurance Group:
Hamilton Insurance Group leverages analytics and research to create underwriting and investment value for its clients and shareholders. As of December 31, 2014, Hamilton Insurance Group had over $1 billion of capital.
About Hamilton Re:
Hamilton Re, a Bermuda-based Class 4 property casualty reinsurer, is rated
“A-“ (Excellent) with a stable outlook by A.M. Best Company, Inc. and has an
A.M. Best Financial Size Category of Class XI.
About Hamilton USA:
Hamilton USA is the trade name referring to the U.S. operations of Hamilton Insurance Group, including two Delaware-domiciled insurers, Hamilton Insurance Company and Hamilton Specialty Insurance Company.