Philip Wray Appointed as Head of Property at MSIG USA Driving Insurance Innovation
On July 9, 2025, MSIG USA, a prominent name in specialty commercial insurance, made a significant announcement regarding its organizational leadership. The company appointed Philip Wray as the new head of property, marking a pivotal moment in its strategy to enhance its property insurance offerings.
Philip Wray brings with him an extensive background, boasting over 30 years of global experience in the property insurance landscape. Most recently, he served as the executive vice president of property at MSIG USA, guiding enterprise-level underwriting initiatives that have reshaped the organization’s product portfolio across various property lines, including general and industrial segments. He is particularly reputed for his collaborative leadership approach, showcasing a relentless commitment to underwriting excellence while fostering innovation to deliver client-centric solutions.
Before his tenure at MSIG USA, Wray held several prestigious positions in top insurance firms, such as serving as president of Tokio Marine Global. His career has been defined by significant roles at Swiss Re, Lloyd's of London, Winterthur International UK Ltd., and Zurich. Throughout these positions, Wray has successfully managed sophisticated property portfolios that cater to international markets. His methodical, data-driven perspective on risk assessment, pricing strategies, and product development has consistently propelled him to the forefront of the insurance industry.
In his new role as head of property, Wray will oversee the entire national property portfolio at MSIG USA. His responsibilities will encompass leading underwriting strategies, product innovation, and ensuring the overall performance of the property segment. Furthermore, he is expected to enhance technical underwriting standards, aiming for sustained growth and profitability that aligns with market trends and clients' evolving needs.
Peter McKenna, the chief executive officer of MSIG USA, expressed confidence in Wray's capabilities, stating, "Philip brings a rare blend of technical acumen, underwriting experience, and product insight to this critical role. His leadership will be instrumental as we continue building disciplined, technology-enabled property solutions designed to serve the evolving needs of our clients.”
As MSIG USA continues its commitment to providing specialized commercial insurance solutions, Wray's leadership is anticipated to drive the company forward, addressing challenges and leveraging opportunities in the dynamic landscape of property insurance. The company, known for its financial strength and responsive service, is well-positioned to capitalize on Wray's vast expertise.
About MSIG USA: MSIG USA serves as the marketing name for MSIG Holdings (U.S.A.), Inc., including its insurance subsidiaries and management entities. The company's insurers encompass Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc., and MSIG Specialty Insurance USA Inc., all managed by Mitsui Sumitomo Marine Management (U.S.A.), Inc. Part of MSAD Insurance Group Holdings, Inc., MSIG USA operates with A+ financial strength ratings in over 40 countries, offering dedicated commercial insurance solutions focused on client needs and technical excellence. To explore further, visit www.msigusa.com.
Philip Wray brings with him an extensive background, boasting over 30 years of global experience in the property insurance landscape. Most recently, he served as the executive vice president of property at MSIG USA, guiding enterprise-level underwriting initiatives that have reshaped the organization’s product portfolio across various property lines, including general and industrial segments. He is particularly reputed for his collaborative leadership approach, showcasing a relentless commitment to underwriting excellence while fostering innovation to deliver client-centric solutions.
Before his tenure at MSIG USA, Wray held several prestigious positions in top insurance firms, such as serving as president of Tokio Marine Global. His career has been defined by significant roles at Swiss Re, Lloyd's of London, Winterthur International UK Ltd., and Zurich. Throughout these positions, Wray has successfully managed sophisticated property portfolios that cater to international markets. His methodical, data-driven perspective on risk assessment, pricing strategies, and product development has consistently propelled him to the forefront of the insurance industry.
In his new role as head of property, Wray will oversee the entire national property portfolio at MSIG USA. His responsibilities will encompass leading underwriting strategies, product innovation, and ensuring the overall performance of the property segment. Furthermore, he is expected to enhance technical underwriting standards, aiming for sustained growth and profitability that aligns with market trends and clients' evolving needs.
Peter McKenna, the chief executive officer of MSIG USA, expressed confidence in Wray's capabilities, stating, "Philip brings a rare blend of technical acumen, underwriting experience, and product insight to this critical role. His leadership will be instrumental as we continue building disciplined, technology-enabled property solutions designed to serve the evolving needs of our clients.”
As MSIG USA continues its commitment to providing specialized commercial insurance solutions, Wray's leadership is anticipated to drive the company forward, addressing challenges and leveraging opportunities in the dynamic landscape of property insurance. The company, known for its financial strength and responsive service, is well-positioned to capitalize on Wray's vast expertise.
About MSIG USA: MSIG USA serves as the marketing name for MSIG Holdings (U.S.A.), Inc., including its insurance subsidiaries and management entities. The company's insurers encompass Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc., and MSIG Specialty Insurance USA Inc., all managed by Mitsui Sumitomo Marine Management (U.S.A.), Inc. Part of MSAD Insurance Group Holdings, Inc., MSIG USA operates with A+ financial strength ratings in over 40 countries, offering dedicated commercial insurance solutions focused on client needs and technical excellence. To explore further, visit www.msigusa.com.
Topics Financial Services & Investing）
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