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Groupama Insurances appoints José Morago as Chief Risk Officer

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Groupama Insurances has appointed José Morago as its Chief Risk Officer. He reports directly to François-Xavier Boisseau, Chief Executive Officer for Groupama Insurances.

Bringing more than 13 years international experience in insurance, banking and management consulting, José joins Groupama from McKinsey & Company, the leading international management consulting firm where he was an expert in insurance, risk management and Solvency II. Prior to this, he spent three years at Moody’s Investor Service as analyst for the European Insurance Industry. José has also played key risk-related roles at Liberty Mutual Group in Boston, USA, and at Banco Santander in Madrid, Spain.

José will have line responsibility for Groupama’s Risk Management, Internal Audit and Underwriting Technical Review departments. He will play a leading role in implementing Solvency II within the business and in ensuring that risk management continues to be embedded into the organisation in accordance with industry best practice and the requirements of the FSA. José will be working with Groupama’s Risk Committee and General Management teams.

François-Xavier Boisseau comments: “José brings substantial experience and proven skills to ensure our risk management and auditing activities remain of the highest quality. We are delighted to welcome him to the business.”

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