Hiscox London office announced that it has boosted its London Market casualty offering with the appointment of three senior executives, which it described as a bold move that “will significantly enhance the London Market Casualty team and its global expertise.”
Hiscox has appointed Miriam Goddard as Line Underwriter of Professions E&O, Chris Warrior as Line Underwriter of D&O and Joe Sweeting as Deputy Line Underwriter of Healthcare.
Neil Bolton, Head of Casualty, Hiscox London Market, explained that the “casualty market has been soft for too long; when it turns we will be ready. I’m very excited about growing the team. Our focus is on offering the best and most relevant products to our brokers and clients, and this team will help us innovate as the market evolves.”
Goddard will join Hiscox in March from Jubilee Managing Agency “where she cemented her reputation for dynamic risk assessment and cover for predominantly A&E and lawyers casualty lines,” said the announcement. She has “years of experience and a deep understanding of the insurance needs within professions, and is especially interested in emerging complex professional exposures across the international market place.”
Warrior will start with Hiscox in November 2013 from Beazley. He has 30 years experience in Casualty, and is the London market leader for D&O. he is also recognized internationally for his expertise writing public D&O.
Bolton added: “After 10 years of steadily softening rates, the US Director’s and Officer’s market has improved over the last 12 months making it an ideal time to establish the new team. Chris’ appointment is one of several that we intend to make within the D&O team this year. We aim to offer significant capacity to complement existing players in the market.”
Sweeting joined Hiscox in November 2012 and brings over 10 years of experience in the London Market in both Casualty insurance and reinsurance. He previously worked with Amlin, and “brings to the team a range of expertise particularly in U.S. exposed medical malpractice insurance and reinsurance.”
Bolton noted Sweeting’s “particular expertise in the med mal arena” as “already generating huge interest in the market and the January renewal season has been a great start to his career at Hiscox.”
The bulletin said “Hiscox has a long and established history for underwriting mainly internationally traded business in the London Market. The new joiners add to a well-regarded Casualty team, currently working across a broad range of markets, professions and risks including Lawyers, A&E, Healthcare, Technology risks, Miscellaneous E&O, Management liability, and privacy.”
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