Hiscox hooks new Line Underwriter for D&O

London, UK (29 November, 2021) – Hiscox, the specialist global insurer, has appointed Steven Pearsall as D&O Line Underwriter within its London Market business.

Steven has over 20 years’ experience in the insurance market including underwriting roles for AIG and, most recently, The Hartford where he was Head of Financial Lines within their London Market division. As such, he has significant experience of managing a substantial portfolio including D&O, Financial Institutions, Professional Indemnity & Reps & Warranties.

At Hiscox, Steven will be tasked with leading Hiscox’s market-leading D&O book. Steven will be based in London and lead a team of five underwriters, with a key focus on US risks and certain international D&O.

Commenting on Steven’s appointment, Colin Buchanan, Hiscox London Market’s Casualty Divisional Director, says: “Steven’s appointment will be a huge asset to us as we look to support our clients and brokers, and continue to build our D&O market share. With deep financial lines experience, Steven has a great track record of success in building profitable D&O books and I’m looking forward to working with him as we grow our D&O capabilities.”

Steven adds: “Hiscox is such a quality brand in the insurance market and it’s a privilege to join the company at a time when it is actively looking to invest in further developing its D&O presence. Given the increasingly litigious environment, we’re acutely aware of the need to ensure our clients can continue to access the comprehensive cover they require to protect their directors and officers – which is precisely where our long-held expertise can help.”

Ends

For further information please contact:

Hiscox Ltd

Carmel McCarthy 07769 280903

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. 

The Hiscox Group employs over 3,000 people in 14 countries, and has customers worldwide. Through the retail businesses in the UK, Europe, Asia and the USA, 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 & ILS.

Our values define our business, with a focus on people, courage, ownership and integrity. 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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