Hamilton, Bermuda (13 February 2017) – Specialist global insurer Hiscox (LSE: HSX) has announced the appointment of Louise Dennett to the newly-created role of Director of Finance Change for the Group.
Louise joins Hiscox from Prudential plc, where she has held a number of senior roles over the past 26 years. Most recently working as Finance Change and Transformation Director for Prudential UK & Europe, she was responsible for delivering a number of critical change programmes in the finance function, including the company’s timetable for Solvency II implementation. Previously Louise worked as an Operations Director within Prudential’s Retail Distribution division, leading several large operational areas to support a team of more than 200 people.
Louise has a strong background in delivery, stakeholder engagement, governance and organisational design. Her experience extends across a range of aspects of complex business transformation, including operations, sales, distribution and finance.
At Hiscox, Louise will report to Hiscox Group Chief Financial Officer Aki Hussain with responsibility for delivering a Group-wide finance change project designed to ensure the scalability, efficiency and quality of the finance function keeps pace with the growth of the organisation and the demands of a changing environment. She will be based in the Group’s London office.
Commenting on the appointment, Aki said: “We are pleased to welcome Louise on board. Her experience of driving change within a complex insurance company in the post-Solvency II environment will be particularly valuable as our finance function enters a critical period of growth and development.”
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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 £1,944.2 million and a profit before tax of £216.1 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 and ILS.
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.