Hamilton, Bermuda (20 September 2017) – Specialist global insurer Hiscox (LSE: HSX) has announced the appointment of Tom Shewry to the role of Director of Group Finance.
Tom joins Hiscox from Lloyds Banking Group, where he held the position of Finance Director for the General Insurance business and was a member of the General Insurance Executive Leadership Team. In this role Tom led a multi-disciplinary team of more than 70 people and was responsible for developing and implementing strategy for the Insurance Division and Group, including the Group’s response to various regulatory and competitor challenges.
Prior to his time at Lloyds, Tom spent 15 years at Zurich Insurance company, working across a range of finance roles, latterly as Director of Finance, Personal Lines and Operations. He brings extensive commercial expertise in insurance, including catastrophe modelling, reinsurance, distribution and procurement. A chartered accountant, Tom qualified with Ernst & Young.
At Hiscox, Tom will report to Hiscox Group Chief Financial Officer Aki Hussain and will be responsible for a number of the key financial processes of the Group, including internal and external financial reporting and control, business planning and treasury.
Commenting on the appointment, Aki said: “We are pleased to welcome Tom on board. He brings a wealth of expertise in developing and implementing complex finance strategies within blue-chip companies. His experience in responding to changing regulation will be particularly valuable to Hiscox. He is another great addition to our Group Finance team which continues to grow in strength.”
For further information please contact:
|Ryan Thompson||+44 (0)20 7448 6522||[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 2016 helped generate gross premiums written of £2,402.6 million and a record profit before tax of £354.5 million.
The Hiscox Group employs over 2,300 people in 13 countries, and has customers worldwide. Through the retail businesses in the UK, Europe, Asia 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.
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