Hiscox recruits Nick Waddell to lead General Liability

London, UK (27 October 2015) – Hiscox London Market has appointed Nick Waddell as General Liability Line Underwriter; establishing Hiscox’s first ever stand-alone general liability team as the business seeks to take advantage of a London market resurgence in US general liability risks.

Reporting to Neil Bolton, Hiscox London Market’s Head of Casualty, Nick Waddell joins from Catlin where he was Senior Class Underwriter for their general liability account. Prior to Catlin, he worked for reinsurance broker RK Carvill focusing mainly on US casualty treaty placements and MGA business.

Commenting on the appointment, Neil Bolton said: “As we build our Casualty division, Nick Waddell’s recruitment allows us to establish our first stand-alone general liability team and further expand the range of casualty products we can offer to clients in the US and internationally.”

Nick Waddell added: “London is having a real renaissance in the US general liability arena, offering US clients a viable alternative to local markets and international competitors like Bermuda. I believe Hiscox’s brand strength and reputation for innovation and high quality service will enable us to deliver a competitive advantage as we look to build a strong portfolio of both US and international general liability risks.”

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Hiscox Ltd

Notes to editors

About Hiscox

Hiscox, the international specialist insurer, is headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). There are three main underwriting divisions in the Group - Hiscox London Market, Hiscox Re and Hiscox Retail (which includes Hiscox UK and Europe, Hiscox Guernsey, Hiscox USA and subsidiary brand, DirectAsia). Hiscox underwrites internationally traded, bigger ticket business and reinsurance through Hiscox Re and Hiscox London Market. Through its retail businesses in the UK, Europe and the US Hiscox offers a range of specialist insurance for professionals and business customers, as well as homeowners.

For further information, visit www.hiscoxgroup.com.