Colonial Surety taps former SiriusPoint exec as CFO

Colonial Surety Co. Thursday named Kevin Grzelak, former chief financial officer of U.S. insurance and holding companies at SiriusPoint Ltd., as CFO.

Mr. Grzelak, who is based in New York, will formulate a strategy for exploring potential acquisitions and partnerships, the Woodcliff Lake, New Jersey-based digital insurer said.

He will also lead expansion initiatives, including capital restructuring, Colonial Surety said.