Hiscox
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Top line grew across all carriers even as pre-tax profits dipped.
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Matthew Budd has over 30 years’ claims experience and previously worked for Talbot and XL.
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The carrier posted its H1 results earlier today, beating analyst consensus.
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The carrier also announced an increased share-buyback programme.
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Stephane Flaquet replaces George Marcotte, who has been interim COO since September 2024.
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The executive previously held roles at Capgemini, The Hartford and AIG.
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Plus, the latest people moves and all the top news of the week.
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The broker has been building out its Bermuda reinsurance presence.
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Analysts were interested in the potential for fee income from the retail division.
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The majority of the savings are expected to be realised in the retail division.
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