White Mountains Insurance Group Ltd, the Bermudian-domiciled financial services holding company, has made two senior appointments.

Giles Harrison is to join the company as executive vice-president and chief strategy officer on June 10, and Liam Caffrey has been named president of White Mountains.

Mr Caffrey will continue to serve as chief financial officer.

Since 2015, White Mountains said, Mr Harrison has served in various capacities at Zurich Insurance Company Ltd, most recently as chief financial officer of its subsidiary, Farmers Group Inc.

Prior to joining Zurich, Mr Harrison was an insurance sector investment banker for 20 years and advised White Mountains on numerous projects.

Manning Rountree, chief executive officer of White Mountains, said: "We are pleased to announce Giles' hiring, and we look forward to welcoming him in June. Giles is a seasoned insurance executive and an old friend and trusted adviser to many of us here at White Mountains.

“We are also pleased to announce Liam's promotion, which is well deserved. Liam and Giles are strong business leaders who will create real value for White Mountains shareholders in the years to come."