HSB Canada names Alice Keung as new board chair
05/15/2024
Press Release
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Alice Keung, succeeds former board chair, Barbara Bellissimo, who was recently appointed president and CEO of HSB Canada.
Ms. Keung is an award-winning senior leader, recognized globally for innovation, driving transformation and building collaborative partnerships. Her track record spans insurance, banking, transportation, digital health, and manufacturing and distribution.
“It is an honour to be named board chair at this critical juncture of growth and change. I look forward to working with our highly experienced board members and HSB Canada’s knowledgeable executive team to continue our focus on delivering market-leading innovations and service excellence for the success of our customers,” said Ms Keung.
Ms. Keung was named ‘Elite Woman’ in 2020, ‘Global Top 100 Insurance Executive’ in 2019 and 2022 and one of Canada’s ‘Top 100 Most Powerful Women’ in 2003 and 2004. She currently also serves on the boards of GreenShield Canada, Embark Student Corporation and Carleton University, as member and committee chair.
HSB Canada, part of Munich Re, is a multi-line specialty insurer and provider of inspection, risk management and IoT technology services. HSB Canada’s insurance offerings include equipment breakdown, cyber risk and other coverages. HSB blends its engineering expertise, technology and data to craft inventive insurance and service solutions for existing and emerging risks posed by technological change. Throughout its 150-year history HSB’s mission has been to help clients prevent loss, advance sustainable use of energy and build deeper relationships that benefit business, public institutions and consumers. HSB holds A.M. Best Company’s highest financial rating, A++ (Superior). Connect with HSB Canada on LinkedIn.
Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake through to Hurricane Ida in 2021. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyberattacks, or pandemics. The company is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.
© 2024 The Boiler Inspection and Insurance Company of Canada, part of HSB Group. All rights reserved. This is intended for information purposes only and does not modify or invalidate any of the provisions, exclusions, terms or conditions of the policy and endorsements. For specific terms and conditions, please refer to the coverage form.