London, UK (4th August 2023) Hiscox, the specialist global insurer, has appointed Todd Isaac as its new Chief Investment and Treasury Officer for the Group.
In this role, Todd will be responsible for overseeing the management of the Group’s $7.1 billion of assets, implementing overall investment policy and directing all portfolio management, research, trading and strategy. He will also be in charge of Treasury and Corporate Finance activities in order to dynamically manage asset liability risk and portfolio liquidity. Todd will lead a team of 10, be based in London and report to Paul Cooper, Group Chief Financial Officer.
Todd brings over 30 years of investment and treasury experience to Hiscox, in addition to substantial international experience - having worked in a range of markets including North America, the Middle East, East Asia, the UK, and Bermuda. He joins Hiscox from Monument Re, where he was Deputy Chief Investment Officer for Europe and oversaw portfolio construction, manager selection and Committee and Board contributions for the reinsurer’s European subsidiaries. Prior to Monument Re, Todd spent time at Blackrock, where he focused on business development for the Bermuda and UK P&C sector; Hyperion, where he served as Global Treasurer; Endurance, where he was Treasurer; and Zurich as VP of Investments.
Commenting on his appointment, Paul said: “Todd’s significant technical and leadership experience, as well as his valuable global perspective, make him a great addition to the Hiscox team. I am personally passionate about the role that Finance can play in building a better business, and as such I look forward to working with Todd to realise our ambitions and support the Group’s growth trajectory.”
ENDS
Notes to editors:
For further information:
Carmel McCarthy 07769 280903
Hiscox Ltd
About the Hiscox Group
Hiscox is a global specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). Our ambition is to be a respected specialist insurer with a diverse portfolio by product and geography. We believe that building balance between catastrophe-exposed business and less volatile local specialty business gives us opportunities for profitable growth throughout the insurance cycle.
The Hiscox Group employs over 3,000 people in 14 countries, and has customers worldwide. Through the retail businesses in the UK, Europe, Asia and the USA, we offer a range of specialist insurance for professionals and business customers as well as homeowners. Internationally traded, bigger ticket business and reinsurance is underwritten through Hiscox London Market and Hiscox Re & ILS.
Our values define our business, with a focus on people, courage, ownership and integrity. We pride ourselves on being true to our word and our award-winning claims service is testament to that.
For more information, visit www.hiscoxgroup.com
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