Elmo Insurance has recently recruited Mr Juan Siracusa as Chief Officer for Commercial Lines and Reinsurance, effective 5th September 2022, with the intent of continuing to strengthen the technical expertise within the existing team.

Juan’s experience in the local insurance industry spans over 26 years, during which he occupied numerous management positions in various companies. Over these years, Juan has acquired underwriting and reinsurance experience on all non-life products, whilst focusing predominately on the underwriting and claims functions related to commercial and industrial business.

He joins Elmo after 12 years of employment at MAPFRE Middlesea plc., where after joining in 2010 he became responsible for the company’s Corporate Area in 2014, managing relations with insurance brokers and direct corporate risks. Juan was then entrusted with the responsibility of the entire claims function as Chief Officer Claims in January 2017, which involved the general management of all claim areas for motor, personal lines, commercial lines, health and group life products. He was further promoted after 5 years in the claims role as the company’s Chief Officer Operations in 2021, with increased responsibilities such as direct participation at executive management level and directorship in three subsidiary companies within the group. Up to recent months, Juan also held market responsibilities at the Malta Insurance Association as Chairperson of the Motor Sector and of the Motor Insurance Bureau.

Juan commenced his studies in insurance at the Chartered Insurance Institute towards the end of the 1990s and obtained his Fellowship in 2008. During this same period, he also obtained a bachelor's degree in Financial Services awarded by Napier University in Edinburgh, Scotland in 2007.

His formal appointment remains subject to the regulatory approval by the MFSA.