London, UK (23 March 2016): Specialist underwriter Hiscox MGA has announced the expansion of its Marine Services underwriting team with the hire of Roger Duchamp as Senior Yachts and Marine Trades Underwriter.
Joining Hiscox with a brief to further develop the company’s Mediterranean network, Duchamp will initially be based in the company’s Paris office, working closely with London-based Director of Underwriting Paul Miller.
Duchamp joins Hiscox from AXA, where he managed the company’s Yacht division following ten years as a senior hull and P&I underwriter.
Commenting on the new appointment, Paul said: “Roger is a well-known and respected lead underwriter in the yacht market with highly specialised knowledge of our clients’ needs in the Mediterranean. He will help realise our ambition to further develop our Mediterranean account and service this business where the risks and producers are located. This will be particularly beneficial in our pursuit of business not typically placed in London.”
Managing Director of Hiscox MGA, James de Labillière, added: “I am very pleased to welcome Roger into our Marine Services team, which has been very successful since becoming part of Hiscox MGA last year. With an increased line size of €250 million for 2016 and a dedicated claims team, they are well positioned to deliver our vision for continued growth.”
For further information please contact:
Lucy Hensher +44 (0) 20 7448 6619 [email protected]
Notes to editors
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.
About Hiscox MGA
Hiscox Managing General Agent (MGA) is a wholly owned subsidiary of Hiscox Ltd and was created in 2015 with the acquisition of its mega-yacht and general marine leisure MGA business. With underwriting teams operating out of London, Miami and now France, Hiscox MGA provides a range of specialty products to local markets on behalf of our Lloyd’s and non-Lloyd’s underwriting partners, whilst retaining the underwriting discipline and customer focussed claims ethos that has been central to Hiscox’s profitable growth.
For more information, visit www.hiscoxmga.com.
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