Hiscox UK appoints new Chief Distribution Officer

UKI Equity Markets (Web Disclosure) via PUBT

London, UK (22 August, 2023) - Hiscox, the specialist global insurer, has appointed Gareth Hemming as its new Chief Distribution Officer for Hiscox UK.

Gareth spent the last 33 years at Aviva where he held a number of positions, most recently serving as its Chief Distribution Officer. In this role he was responsible for developing and executing its distribution strategy, implementing data and digital initiatives, and sponsoring the diversity, equality and inclusion agenda.

Based in Manchester, he will report to Jon Dye, Hiscox UK CEO, and will be a member of the Hiscox UK Leadership Team. With responsibility for the trading strategy to drive profitable growth with brokers, he will lead the broker trading teams across the UK, including the regional operations, Schemes and Art & Private Clients.

Jon said: "Gareth is an accomplished leader and brings a wealth of knowledge and experience to this role. He has a track record of delivering commercial performance, leading businesses through change and creating highly effective teams. His in-depth industry knowledge and established broker relationships will help us further improve our broker distribution and deliver against our growth ambitions".

Gareth commented: "I'm excited to be joining Hiscox at such an important time in their growth journey. The business has a clear ambition, a fantastic team, good momentum and strong values. I look forward to working with the team and building on their success to date."

Gareth's appointment is effective from 1st October, 2023.

As part of its growth ambitions, Hiscox UK has recently launched several initiatives including a new broker e-trading platform and the Underwriting Academy. In September, Hiscox will launch a new brand marketing campaign in the UK - the first since 2018 - before a global roll-out in 2024.

ENDS

Notes to editors:

For further information please contact:

Katie Bergin - [email protected]07872 953065

Carmel McCarthy - [email protected]07769 280903

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 products in commercial and personal lines. 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.

For more information, visit www.hiscoxgroup.com.

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Hiscox Ltd. published this content on 22 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 August 2023 09:10:46 UTC.