Hiscox London Market announced plans to build its “on-the-ground presence in Brazil” with the appointment of Simon Zelenoy to develop its London Market business in Brazil.
Hiscox said he “will be responsible for finding attractive new opportunities in core lines of business for Hiscox such as marine and energy, property, contingency and fine art. All leads will be referred back for underwriting through Lloyd’s in London.”
Zelenoy is based in Lloyd’s representative office in Rio, and reports to Hiscox London Market Upstream Energy Line Underwriter, Carl Day.
Zelenoy has 22 years of insurance and reinsurance experience. He worked as an underwriter, a broker and a risk manager within the oil and gas and power utility industries, and joins Hiscox from Argo Syndicate in Brazil where he spent two years as director. He has also worked for Willis as director of their treaty division, JLT, Heath Lambert and Aon.
Day described the appointment as “an important step for us as a business as it will provide us with increased access to an attractive market. Simon’s contact base will lead to good opportunities matched against our appetite across identified key classes. We are both keen to start building a bigger Brazilian book right away.”
Zelenoy noted that his appointment “is the first time that Hiscox London Market has had on-the-ground representation in Brazil.”
Source: Hiscox London Market
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