London (18 December 2013) – Global specialist insurer Hiscox today announced a number of key promotions as it combines its current Hiscox UK and Ireland, and Hiscox Europe, businesses into one unit – Hiscox UK and Europe.
Hiscox UK and Europe will be led by Steve Langan, previous UK and Ireland Managing Director. As a combined unit, the two markets will benefit from greater sharing of knowledge, expertise and resource as Hiscox focuses on its stretching ambitions and continued drive for profitable growth next year and beyond.
In light of Steve’s growing remit, Ross Dingwall becomes Managing Director of the UK Broker business. Previously UK Sales Director, Ross has been with Hiscox since 2000 and spent a significant amount of time working in the regions – important experience which he brings to this newly created role.
In addition, Alan Thomas is promoted from Head of Intermediary Distribution to Sales Director, responsible for the insurer’s regional business with immediate effect. Having been with Hiscox since 2004, Alan has worked in a number of parts of the business including as Regional Manager for Art and Private Client London and within the UK and Ireland as Head of Technology and Media.
Langan commented: “We’ve had some real successes with our UK business and see huge potential not only for further growth in the UK but also where we operate in Europe. Our focus on great underwriting, superb service and developing a powerful brand continues, but with this new structure and several key promotions I believe we will be even better positioned to face the challenges and realise the opportunities.”
Dingwall added: “Throughout my 13 years with Hiscox I’ve worked closely with our core UK broker partners and in this new role I’m looking forward to building deeper relationships with them. Now is an interesting time for UK insurance so I am excited to get closer to the challenge of growing our UK business.”
The finance, claims and HR support functions for UK and Europe will also share leadership within the new structure. UK Finance Director David Bailey, Head of UK Claims Bob Thaker and UK HR Director Helen Bennett will each broaden out their UK remit to include Europe.
Ends
For further information please contact:
Hiscox Ltd
Lucy Hensher +44 (0) 207 448 6619 [email protected]
Notes to editors:
Hiscox, headquartered in Bermuda, is an international specialist insurance group listed on the London Stock Exchange (LSE:HSX). There are three main underwriting parts of the Group – Hiscox London Market, Hiscox UK and Europe and Hiscox International. Hiscox London Market underwrites mainly internationally traded business in the London Market – generally large or complex business which needs to be shared with other insurers or needs the international licences of Lloyd’s. Hiscox UK and Europe offers a range of specialist insurance for professionals and business customers, as well as high net worth individuals. Hiscox International includes operations in Bermuda, Guernsey and USA.
For further information, visit www.hiscoxgroup.com.
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