The U.K.’s Kiln plc, which owns and operates Lloyd’s managing agent R J Kiln & Company, announced the appointment of Andrew Hitchcox to the newly created post of chief actuary and risk officer.
He joins Kiln from a similar position at Swiss Re UK. Hitchcox has over twenty years experience in the actuarial profession and has been a member of the Institute of Actuaries’ General Insurance Board since 2004.
“The move by Kiln is in line with the company’s rigorous approach to risk management which is integrated throughout the company,” said the announcement. “Mr. Hitchcox will develop Kiln’s risk management approach, including taking responsibility for the company’s catastrophe modeling capability and providing an actuarial perspective on its operations.”
Commenting on the appointment, Kiln’s chief executive officer Edward Creasy stated: “I am delighted that such a well known and respected industry figure as Andrew Hitchcox is joining Kiln. His standing reflects the company’s commitment to the highest standards of risk analysis.”
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