Hamilton Insurance Group has appointed Raymond Karrenbauer as its new group chief information officer (CIO), succeeding Venkat Krishnamoorthy.  

Krishnamoorthy, who has been with Hamilton since 2019, will retire on 30 August. 

Karrenbauer will be part of the company’s executive management team, with a reporting line to group CFO Craig Howie. 

In the new role, Karrenbauer will be responsible for overseeing the company’s IT strategy.  

Karrenbauer’s previously worked for the Cybersecurity Maturity Model Certification Accreditation Body (The Cyber AB), where he held the positions of executive vice-president and CFO from 2021, and was also in charge of oversight for IT.  

Before his role at The Cyber AB, Karrenbauer served as senior vice-president and CIO at IFG Companies, where he led digital transformation initiatives and core operations. 

His professional history also includes senior executive positions at Axis Capital and ING Group. 

Hamilton Group CEO Pina Albo said. “As a results-driven leader with an impressive track record of innovation and execution, as well as a deep understanding of the insurance industry, Raymond will ensure we continue to enhance our technological capabilities and deliver exceptional value to all our stakeholders. 

“Venkat has played a vital role in building our technology function since joining in 2019, notably in guiding the integration of our transformational acquisition of Pembroke Managing Agency in 2019 and in our successful listing on the NYSE [New York Stock Exchange] in 2023.”  

Last month, the company appointed Adrian Daws as the new CEO of Hamilton Re, replacing Megan Graves.  

Alex Baker was appointed as CEO of Hamilton Global Specialty, succeeding Daws in the role.