Hiscox
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Cyber, mortgage and crop were identified as attractive growth areas. -
The carrier’s retail division saw premiums increase by 7.3% to $2bn.
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The underwriter has worked at Hiscox, Lloyd’s, Chubb and Zurich.
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Marlon Williams will focus on the placement of reinsurance and retro business.
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The LPPC will offer limits of $127.5mn EAR and DSU coverage in the US and Canada.
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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.
