HSB Canada announces new president and CEO

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HSB Canada, a leading specialty insurance provider, has announced the appointment of a new President and CEO, effective immediately.

The company has named Alice Keung as its new leader, succeeding current President and CEO, Michael D. Miller. Keung brings over 20 years of experience in the insurance industry, having held various leadership roles in both Canada and the United States.

Keung joined HSB Canada in 2018 as Senior Vice President of Underwriting and Operations, where she played a key role in driving the company’s growth and success. Prior to joining HSB, she held executive positions at several major insurance companies, including Aviva Canada and Zurich North America.

In her new role, Keung will be responsible for leading HSB Canada’s strategic direction and overseeing all aspects of the company’s operations. She will also continue to serve as a member of the HSB Canada Board of Directors.

“I am honored to take on this new role and lead such a talented team at HSB Canada,” said Keung. “I am committed to building on the company’s strong foundation and driving continued growth and success for our clients and partners.”

Keung’s appointment comes at a time of significant growth for HSB Canada, as the company continues to expand its product offerings and enhance its digital capabilities. Under her leadership, HSB Canada is well-positioned to continue its growth trajectory and provide innovative solutions to its clients.

“We are thrilled to have Alice as our new President and CEO,” said Miller. “Her extensive experience and proven track record make her the ideal candidate to lead HSB Canada into the future.”

HSB Canada is a subsidiary of Munich Re, one of the world’s leading reinsurers. The company specializes in providing equipment breakdown, cyber risk, and other specialty insurance products and services to businesses across Canada.

With Keung at the helm, HSB Canada is poised for continued success and growth in the Canadian insurance market. Her leadership and expertise will undoubtedly drive the company to new heights, solidifying its position as a leader in the industry.

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