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Hiscox’s Lewis heads to IQUW to lead cyber proposition

IQUW yell logo Lloyds.jpg

ERS-owned IQUW has hired Andrew Lewis from Hiscox to lead its growing cyber team, Insurance Insider understands.

IQUW, the rebranded Arcus Syndicate 1856, already writes some cyber products as part of the former Arcus portfolio under its specialty offering, led by Christopher Wilkinson.

However, the cyber market will interpret Lewis’ hire as a signal IQUW is looking to grow the book proactively.

At IQUW, Lewis’ title will be lead underwriter for cyber.

He held the same role at Hiscox, which he joined in July 2018 with a remit to develop the open-market cyber book.

Lewis started his career at AIG, spending six years focused on technology and cyber. He moved to QBE in 2014 to launch its cyber product and develop its technology portfolio, eventually holding the role of cyber and technology, media and telecoms underwriting manager by the end of his tenure.

ERS and IQUW have been on a major hiring drive since ERS acquired the former Arcus syndicate at the end of last year. Syndicate 1856 is a major component of the carrier’s strategic pivot to a multi-line specialty play.

Recently, this publication revealed IQUW had hired John Brown from Beazley as lead underwriter for property D&F. At IQUW, Brown will join former colleague Simon Jackson, who left Beazley for the carrier earlier this year.

Other key hires include MS Amlin’s lead cargo underwriter Scott Heeley and former Sompo International reinsurance CEO Stephen Young. Last week, it announced the appointment of Catherine Farnworth as chief risk officer.

This year, IQUW has launched several lines including marine and energy, terror and war, cargo and specie, professional lines, property, cyber, specialty reinsurance and property reinsurance.

IQUW confirmed Lewis’ hire but declined to comment further. Hiscox declined to comment.

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