Greggains replaces current US CEO Gene Hinman, who will become president of Pioneer US until his retirement at the end of 2019.
Greggains has over 30 years of insurance industry experience, predominantly with a US focus. From 2007 he was US chief underwriting officer at Catlin before the merger with XL, subsequently becoming director of underwriting of XL Catlin Americas and CEO of XL Catlin Canada.
Based in New York, Greggains will report to Andrew McMellin, Pioneer Group CEO.
McMellin said: “Pioneer has built a successful US operation over the past few years and remains a key strategic focus for us. There are significant opportunities for an agile, client-centric insurer like Pioneer in that market and Nick has the talent, expertise and market recognition to spearhead our expansion plans.
“I would like to thank Gene for his success in establishing Pioneer in the US. He has been an invaluable asset to our business. As president, he will provide welcome expert advice during the transition.”
Greggains commented: “The US market offers up excellent opportunities for an innovative underwriting organization like Pioneer which can deliver superior products and services to match client needs. There is a great team at Pioneer US, I’m delighted to join it and look forward to helping them take the business to the next level.”