Management changes

RNS Number : 0041O

Hiscox Ltd

27 February 2009

 



Hiscox Bermuda - Management Change

Hamilton, Bermuda (27 February, 2009) - Hiscox announced today that Charles Dupplin, currently Chairman of Hiscox's Art and Private Client division and Director of Mergers and Acquisitions, will succeed Rob Childs as Chief Executive of Hiscox Bermuda. Charles will take up this new role in April 2009, subject to regulatory approval.  

As previously announced, Rob Childs will return to the UK towards the end of April 2009. He will continue in his roles as Group Director of Underwriting and Chairman of Hiscox USA. He will also serve as an internal non-executive of Hiscox Bermuda. 

Robert Read will assume overall responsibility for Art and Private Client underwriting. Charles will retain his responsibilities as Director of Mergers and Acquisitions for the Group. 

Bronek Masojada, Chief Executive of Hiscox, commented: 'In the last three years our team in Bermuda, led by Rob, has built a vibrant business from nothing. I would like to thank Rob for his leadership. With Charles at the helm, I am confident that our Bermuda business will continue to develop'.  

ENDS

For further information:

Hiscox Ltd
Robin Mehta, Company Secretary, Bermuda	[phone]
Kylie O'Connor, Head of Communications, London	[phone]
Maitland	[phone]
Suzanne Bartch
Richard Farnsworth

Notes to editors:

Hiscox, headquartered in Bermuda, is an international specialist insurance group listed on the London Stock Exchange (LSE: HSX). There are three main underwriting parts of the Group - Hiscox Global Markets, Hiscox UK and Europe and Hiscox International. Hiscox Global Markets underwrites mainly internationally traded business in the London Market - generally large or complex business which needs to be shared with other insurers or needs the international licences of Lloyd's. Hiscox UK and Hiscox Europe offer a range of specialist insurance for professionals and business customers, and tailored products for high net worth individuals. Hiscox International includes operations in Bermuda, Guernsey and USA. Hiscox Insurance Company Limited, Hiscox Underwriting Limited and Hiscox Syndicates Ltd are regulated by the Financial Services Authority. For further information, visit www.hiscox.com.

Biography - Charles Dupplin:

Charles joined Hiscox in 1990. He ran Hiscox's network of Continental European offices from 1995-2000 and, in 2004, was appointed to lead the Group's the Art and Private Client division which specialises in fine art and high net worth household insurance. Charles is responsible for the Group's mergers and acquisitions and corporate transactions as Director of Mergers and Acquisitions.  Before joining Hiscox, Charles began his career in 1985 at Credit Suisse First Boston Ltd, as an associate in corporate finance. He was educated at Christ Church, Oxford University and is a qualified Barrister. Charles has been Chairman of the Royal Caledonian Trust since 1997, is President of the London Members of the National Trust for Scotland and is a member of the Royal Company of Archers (Queen's Bodyguard for Scotland).

 

END

 

 

MSCPUUUGPUPBUBM