PSC Insurance Group has appointed James Kalbassi as Executive Director and Joanne Dawson as an independent non-Executive Director.

Mr Kalbassi is the co-founder and co-CEO of Paragon International Insurance Brokers, the London-based broker that PSC acquired in 2019 for a base consideration of £42 million ($76.9 million).

PSC says he has more than 25 years’ experience building and leading Paragon to become a specialist Lloyd’s and international insurance broker.

“His strategic and operational experience has helped to drive the company’s success, representing some of the world’s largest professional service firms and listed corporate clients,” PSC says in a statement.

Ms Dawson, who is a chartered accountant, will also be appointed to PSC’s audit and risk committee.

PSC says she has deep experience in customer-facing regulated service businesses and has specialised in managing, acquiring and building funds management, superannuation and insurance businesses during her career with Deloitte and National Australia Bank.