Lifestyle Article - Hiscox appoints new CEO for London Market business

Specialist global insurer Hiscox (LSE:HSX) has announced the appointment of Kate Markham as CEO for its London Market business, subject to regulatory approval.

 Kate has been at Hiscox for five years and most recently was Managing Director of its direct to consumer operations in the UK.  During this time Kate has built UK Direct into a market leading operation with a strong brand and a culture of creating customers for life.  In this role Kate led over 200 people across underwriting, sales, marketing, operations, and has driven growth of 30% over 5 years.

 Prior to Hiscox, Kate was Head of International Enterprise at Vodafone, where she identified a significant new opportunity to serve multinational clients globally.  She then built an effective operation to support the venture.  Kate started her career at Anderson Consulting (now Accenture).

 Bronek Masojada said: “At Hiscox and Vodafone Kate has proven her ability to build profitable businesses in highly competitive markets. She will be a modernising force for our operations and culture, and relentless in making the most of the changing market and the opportunity it presents.  The London Market will benefit from these skills now more than ever.”

 The CEO of Hiscox London Market is a new position working closely with Paul Lawrence, who remains CUO of Hiscox London Market and Joint Active Underwriter for Syndicate 33.  Kate and Paul will be on the Hiscox Ltd executive committee. 

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