SiriusPoint names ex-Progressive CFO John Sauerland to its board

SiriusPoint Ltd. (NYSE: SPNT) announced the appointment of John Sauerland to its board of directors, effective Jan. 1, 2027.

Sauerland spent the majority of his career at Progressive Insurance, where he most recently served as chief financial officer. He has more than 35 years of experience in the insurance industry.

He has also served on the boards of Beazley, FedEx Freight, the Cleveland Museum of Art, and the Greater Cleveland Food Bank.

"What attracted me to SiriusPoint was the progress the business has made and the clarity of its strategy," Sauerland said in a statement. "There is a strong platform to build from, and I look forward to working with my fellow board members and the leadership team to support the company's continued growth."

Bronek Masojada, chair of SiriusPoint's board, said Sauerland's "combination of deep insurance knowledge, financial expertise, and broad governance experience makes him a strong addition to the board."

SiriusPoint is a Bermuda-headquartered specialty underwriter with offices in New York, London, and Stockholm, among other locations. The company reports more than $3.0 billion in total capital.

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