HSB appoints new non-executive directors to the Board

2018/02/28

Press Release

Specialist engineering and construction insurer HSB Engineering Insurance (HSB), part of Munich Re, has appointed two new non-executive directors, Jeff Herdman and Craig Scarr.

Jeff Herdman has been appointed as an independent non-executive director and Chairperson of the Board. Jeff has over 35 years' experience at a senior management level within the financial and professional sector including Oval Group and Willis, and currently holds non-executive director appointments at the Swansea Building Society and Tasker Insurance Group. His specialist knowledge of insurance and customer strategy, gained during his extensive career, will bring valuable insights to HSB.

Craig Scarr has been appointed as an independent non-executive director and Chair of the HSB’s Finance, Audit and Risk Committee. Craig spent 28 years at Mazars as UK Head of Insurance and is currently a non-executive director at Tokyo Marine HCC and the United States Automobile Association. Craig brings to HSB strong expertise in governance, risk, internal controls and insurance.

Stephen Worrall, Managing Director at HSB commented: "Both Jeff and Craig have admirable reputations in the industry and their experience will make a significant contribution to the business. We are delighted to welcome them to HSB".

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