Hiscox Appoints New Chief Underwriting Officer for Europe

LONDON, Nov. 18 -- Hiscox, an insurance provider, issued the following news release:

Specialist global insurer Hiscox has announced the promotion of Justin Bowen to Chief Underwriting Officer for its European operations.

Justin has worked at Hiscox since 2000 and held a number of different roles within its UK business. Having joined to lead the London professional indemnity team, he went on to lead the underwriting management team, established a specialist trading risks team in 2010, and in 2012 became Deputy CUO for Hiscox UK and Ireland.

Justin will continue to be based in London but will regularly be present across the insurer's European offices, and report to Hiscox Europe Managing Director, Stephane Flaquet.

Commenting on the appointment, Stephane said: ""I am delighted to welcome Justin to Hiscox Europe. His deep understanding of our business, wealth of underwriting experience and strong connections with our UK operation will be very valuable to Europe."

Justin added: "'Our European business has a strong underwriting track record and a highly talented team which I am delighted and privileged to be joining. I look forward to contributing to its continued success and growth."

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. It's a long-standing strategy which in 2015 helped generate gross premiums written of Pounds1,944.2 million and a profit before tax of Pounds216.1 million.

The Hiscox Group employs over 2,200 people in 13 countries, and has customers worldwide. Through the retail businesses in the UK, Europe and the US, 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.

Our values define our business, with a focus on people, quality, courage and excellence in execution. 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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