HCC Names Hervy, Vezio to Manage Global International Operations

July 19, 2010

HCC Insurance Holdings has announced the appointment of Thibaud Hervy and Philippe Vezio as joint CEO’s of HCC Global’s international operations, replacing R. Matthew Fairfield.

The bulletin noted that Hervy and Vezio have been with HCC Global and its predecessor since 1999 and 2000, respectively. They have “both held decisive roles in its development.” Hervy supervised the international portfolio of business, leading the underwriting team. Vezio ran the claims department being actively involved in the drafting of international policy wordings.

“With years of experience in the insurance industry, extending beyond their tenure at HCC Global, both gentlemen step confidently into their new roles within the company, the bulletin continued.

“From the Barcelona headquarters, they will oversee all of HCC Global’s international business for HCC Global’s Barcelona, London, and Miami offices.”

Fairfield announced his departure and proposed his successors at a time “when the company is uniquely positioned in the market with its excellent financial strength and long term and successful focus on specialty lines,” HCC explained.

President and CEO John N. Molbeck described both men as “proven executives and recognized market leaders,” adding that the company is “very pleased that they have assumed their new responsibilities and have entered into long term employment contracts with the Company. Matt Fairfield has positioned HCC Global extremely well during his tenure and we wish him all the best in the future.”

Source: HCC Insurance Holdings

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