Hiscox Unites 3 Special Risk Teams Under a New Crisis Management Division

Specialist insurer Hiscox has created a Crisis Management division within its London Market business to include kidnap and ransom, security incident response, terrorism, product recall and personal accident lines.

Headed up by Mike Williams, divisional director, the Crisis Management division brings together Hiscox teams in London, Guernsey and Miami, which were formerly part of Hiscox Special Risks. Charlie Hanbury – head of Crisis Management Rest of World – will run the London Kidnap and Ransom team and global Security Incident Response team; Liz Prior – managing director Guernsey – will manage the Guernsey K&R team; and Napo Montes-Amaya – head of Crisis Management Miami – will be responsible for K&R and Hiscox managing general agency from Miami.

Kevin Henry, current chief underwriting officer of Hiscox Special Risks, will become the global product head for K&R.

Rich Halstead, David Burke and Jason Innes remain as line underwriters for terrorism, product recall and personal accident respectively, with all three reporting to Williams.

The company said the change also better reflects the distribution-led, geographic approach adopted by the wider Hiscox Group to serve clients, which means that U.S. and European K&R business will now sit within the Hiscox USA and Hiscox Europe businesses respectively.

Williams said crisis management has been a “core part of Hiscox’s DNA for many years and it makes good sense to bring our market leading expertise across K&R, terrorism, security incident response, product recall and personal accident into one division.”

Hiscox said it will continue working with its long-time strategic partner. at the Control Risks consultancy to meet the evolving crisis management needs of its clients.

Source: Hiscox

Topics London