London, UK (14 August 2025): Leading global specialist insurer, Hiscox, today announces the appointment of Matthew Budd to the newly created role of Group Head of Technical Claims.
Matthew has a 36-year career in claims, with extensive experience across multiple classes of business. He joins Hiscox from AIG, where he led the group’s aerospace claims, and has also held a range of roles at Talbot Underwriting including Head of Claims and Head of Wordings and Contracts and Delegated Authorities. Prior to joining Talbot, he was the Aviation Claims Manager at XL London Market.
In his new role at Hiscox, Matthew will be based in London and report to Steve Parry, Group Claims Director. He will be responsible for overseeing the Group’s technical claims operations as the business continues to fulfil its growth ambitions and deliver innovative solutions to customers.
Commenting on his appointment, Steve, said: “Matthew will be a great addition to our team, thanks to his vast global experience and deep expertise in claims – including complex and high-value claims across various lines of business. He joins us at an exciting moment as we focus on realising our ambitious growth plans, and I look forward to working with him to continue to develop our market-leading claims service.”
ENDS
For further information please contact:
Carmel McCarthy, Global Media Relations Lead, [email protected], 07769 280 903
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 13 countries and has customers worldwide. Through the retail businesses in the UK, Europe and the USA, we offer a range of specialist insurance products in commercial and personal lines. 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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