Hamilton, Bermuda (26th April 2021) – Hiscox Ltd (LSE:HSX), the international specialist insurer, has announced that Kevin Kerridge will succeed Steve Langan as CEO of Hiscox USA, effective from the 15 May 2021.
Kerridge, who will report to Ben Walter, CEO of Hiscox Global Retail, has a proven track record of building successful and profitable businesses during his career. Having joined Hiscox in 1996, he created Hiscox’s first direct online business in the UK; initially for home insurance and then for commercial clients.
In 2009, Kerridge relocated from London to New York to oversee the launch and development of Hiscox’s US digital small business operation which, from a standing start, now serves over 460,000 small business customers. He has been instrumental in driving forward Hiscox’s ambition of becoming a leading provider of small business insurance in the US, delivered through a best-in-class digital and service centre delivery model.
Ben Walter, Hiscox Global Retail CEO, said: “Kevin is an inspirational leader with an impressive track record of building successful businesses for Hiscox. His limitless drive and inspirational leadership will be a vital asset as we strive to make good on our ambition to become the number one small business insurer in the US.
“Kevin takes over from Steve Langan, who will return to the UK after working with Kevin to ensure a smooth transition of the CEO role. Steve has run Hiscox USA for the last three years with a steady hand and clear voice, positioning the business well for market success and profitable growth. I would like to thank Steve for his exceptional leadership and his success in building our differentiated brand across the globe.”
Kerridge added: “Hiscox USA has come a long way over the last ten years and I’m proud to have played my part in that success. As CEO, I’m now immensely excited to lead the business during its next phase of growth and for us to realise the opportunities ahead as we see them. The last year has been a challenging time for small businesses, but I want to ensure that Hiscox continues to be a dynamic and collaborative partner for our customers and distribution channels as we help them to adapt and respond to changing markets and emerging opportunities.”
Ends
For further information please contact:
Hiscox Ltd
Carmel McCarthy 07769 280903 [email protected]
Notes to editors
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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