Hamilton Insurance Group appoints Raymond Karrenbauer as CIO

PEMBROKE, Bermuda - Hamilton Insurance Group, Ltd. (NYSE:HG), a specialty insurer with a market capitalization of $2.15 billion and an impressive InvestingPro Financial Health score of "GREAT," announced the appointment of Raymond Karrenbauer as Group Chief Information Officer, effective September 15, 2025. Karrenbauer will join the company’s Executive Management team and report to Craig Howie, Group Chief Financial Officer.

Karrenbauer will oversee Hamilton’s information technology strategy, succeeding Venkat Krishnamoorthy, who has been with the company since 2019 and will retire on August 30, 2025. The company’s strong financial position is reflected in its healthy current ratio of 2.15, indicating robust liquidity management.

The incoming CIO joins Hamilton from the Cybersecurity Maturity Model Certification Accreditation Body, Inc. (The Cyber AB), where he served as Executive Vice President and Chief Financial Officer since 2021, with strategic oversight of information technology. Previously, he held senior positions at IFG Companies, Axis Capital, and ING Group.

Karrenbauer was inducted into the ’CIO’ Hall of Fame in 2018, according to the company’s press release statement.

Pina Albo, Group Chief Executive Officer, said Krishnamoorthy "played a vital role in building our technology function since joining in 2019," including guiding the integration of the Pembroke Managing Agency acquisition in 2019 and the company’s NYSE listing in 2023.

Hamilton Insurance Group is a Bermuda-headquartered specialty insurance and reinsurance company that operates through three underwriting platforms: Hamilton Global Specialty, Hamilton Select, and Hamilton Re. Trading at an attractive P/E ratio of 6.81 and near its 52-week high, the company shows promising market performance. Discover more detailed insights and 8 additional key indicators with InvestingPro’s comprehensive research report.

In other recent news, Hamilton Insurance Group has announced several significant leadership changes that will take effect in the coming months. Adrian Daws will be appointed as the Chief Executive Officer of Hamilton Re in Bermuda, succeeding Megan Graves, who plans to retire at the end of 2025. Alex Baker will take over as CEO of Hamilton Global Specialty in London, and Tim Duffin will assume the newly created role of Group Chief Underwriting Officer in Bermuda starting January 1, 2026. These appointments are subject to regulatory approvals, and Daws’ role also requires immigration approval. Additionally, Hamilton Insurance has welcomed Karen Green and David Priebe to its Board of Directors, following the retirement of Bill Freda, who served on the board since 2014. Green and Priebe bring extensive experience in the insurance and reinsurance industries, which is expected to support Hamilton’s strategic goals. These developments are part of Hamilton’s ongoing efforts to strengthen its leadership team and board, aiming to enhance its strategic capabilities and drive value for its shareholders and clients.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.