Jayson Taylor Takes the Helm of Casualty Business at MSIG USA
Jayson Taylor Takes Charge at MSIG USA in Casualty Sector
In a significant development for MSIG USA, a prominent player in specialty insurance solutions, Jayson Taylor has been appointed as the head of casualty business. This strategic move comes as the company seeks to enhance its offerings and capitalize on Taylor’s over 20 years of extensive experience in underwriting and actuarial science. Previously the head of product innovation at MSIG, Taylor has already made a noticeable impact by modernizing the company's casualty product lines.
Taylor's responsibilities will encompass overseeing all operations related to the casualty sector, including formulating strategies, managing underwriting processes, and developing new products. His emphasis will be on promoting profitable growth while maintaining technical discipline and aligning with MSIG USA’s broader priorities. Peter McKenna, the CEO of MSIG USA, expressed confidence in Taylor’s capabilities, recognizing his unique blend of skills that will allow the company to bolster its position in the specialty insurance market.
Before joining MSIG USA in 2024, Taylor was instrumental at Argo Group as the head of excess casualty, where he not only expanded the portfolio but also improved profitability through stringent underwriting practices. His career includes a decade of leadership roles in actuarial functions, notably at QBE North America and Employers Workers Compensation Insurance. His deep understanding of pricing strategies and risk management has significantly contributed to the companies he has worked for.
As an active Fellow of the Casualty Actuarial Society (FCAS), Taylor's expertise encompasses developing predictive models and underwriting tools that enhance pricing precision and operational workflow. He holds a bachelor’s degree in business administration with a focus on statistics from the University of Florida.
MSIG USA: A Brief Overview
MSIG USA, known as the marketing term for MSIG Holdings (U.S.A.), Inc. and its insurance subsidiaries, is a subsidiary of MSAD Insurance Group Holdings, Inc., a major global property and casualty insurance carrier with a history of over 350 years. The company operates under the brands Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc., and MSIG Specialty Insurance USA Inc. Their extensive expertise translates into innovative commercial insurance solutions designed to meet businesses' unique risks today.
With a robust presence across all 50 states, the District of Columbia, and Puerto Rico, MSIG’s network of over 500 professionals is dedicated to providing personalized and responsive service to its clients. Their insurance subsidiaries, enriched by a strong financial foundation and exceptional claims management, are committed to crafting insurance policies that effectively respond to the evolving business landscape.
In conclusion, Jayson Taylor's appointment is a promising step for MSIG USA as it aims to reinforce its casualty business segment. With his extensive knowledge and insights into the market, Taylor is set to drive innovation and growth, ensuring that MSIG USA remains a leader in offering specialized insurance solutions.