Jeffries will lead sourcing, transaction execution, and ongoing management of H.I.G.’s strategic investments in the insurance sector, as well as the development of products designed for insurance investors. He joins with nearly two decades of experience across insurance and financial institutions, including as chief investment officer of Bermuda-based Somerset Reinsurance Limited, a life and annuity reinsurer focused on asset-intensive business, and as a managing director in Bank of America’s financial institutions group.