London, UK (30 June 2016): Specialist insurer Hiscox has appointed Derrick Potton as its new Sales Director for Hiscox UK and Ireland.
Derrick joined Hiscox in 2007 and has held a number of different roles within the business during his tenure. He initially joined as Regional Manager for the Colchester branch and after three and half years moved to London where he led the London Professions and Specialty Commercial (PSC) team. Most recently, he worked as Head of PSC across both the broker and direct channels where he was responsible for the strategic direction of the product area and product development. Prior to Hiscox, Derrick worked for Chubb Insurance, managing their southern financial lines business from Reading.
In his new role, Derrick’s main responsibility will be working with each of the nine regional managers across the UK and Ireland to build on the current success and drive increased levels of new business.
Managing Director of Hiscox UK and Ireland’s broker channel, Ross Dingwall, commented: “Derrick has a deep understanding of our business, a strong track record as a regional manager, and many well-established broker relationships. He’s really helped us to adopt a more customer and sector-based approach, and I look forward to seeing what further positive impact he can have in his new role.”
Derrick added: “I am very excited to be embarking on the next phase of my career at Hiscox and am really looking forward to getting back to the front line to support all of our broking partners and our regional offices to drive the business forward.”
For further information please contact:
Lucy Hensher +44 (0) 20 7448 6619 [email protected]
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 £1,944.2 million and a profit before tax of £216.1 million.
The Hiscox Group employs over 2,200 people in 14 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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