Hamilton, Bermuda, UK (28 June, 2022) – Specialist global insurer Hiscox has announced the appointment of Stéphane Flaquet as the Group’s Chief Operating Officer, effective from 1 September 2022 and subject to regulatory consents.
Stéphane has been with Hiscox since 2010 and has held a number of senior roles across the Group. He initially joined Hiscox as Chief Operating Officer for Hiscox Europe, before moving on to become Group IT Director in 2012 and then Chief Executive Officer for Hiscox Europe between 2016 and 2021. He is currently Group Chief Transformation Officer and Interim Chief Executive Officer for Hiscox UK.
In his new role, Stéphane will oversee a number of critical central functions including Group Claims, Group IT, Property Services, Procurement and Group Marketing to ensure the continued effective and efficient delivery of core services. He will be a member of the Group Executive Committee and report to Hiscox Group CEO, Aki Hussain.
Commenting on Stéphane’s appointment, Aki said: “As Stéphane takes on this new role for the Group, we will benefit enormously from his institutional knowledge, having run a number of Hiscox business areas. With a focus on driving process maturity, continued digital transformation and service excellence, Stéphane will play an important part in ensuring we continue to build a better business that delivers for our customers.”
Stéphane added: “This is a great role and represents a unique opportunity to drive impactful new initiatives and to really help shape the future of what I think is a fantastic business. I can’t wait to help us enhance our existing capabilities, build new ones and harness synergies across the Group – contributions that I believe will enable us to realise the significant opportunities ahead.”
For further information please contact:
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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