05/09/2023 | Press release | Distributed by Public on 05/09/2023 08:51
London, UK (9 May, 2023) - Hiscox, the specialist global insurer, has appointed Craig Martindale as the Group's new Chief Actuary, subject to the relevant regulatory consents.
Craig joined Hiscox in July 2009, and has held a number of senior roles across the business during his almost 15 years with the Group. He has been Group Head of Capital Management since 2015, building out the function and making significant steps to optimise capital deployment. In 2019, Craig also stepped in to lead the Investment team as Interim Chief Investment Officer for a period.
Reporting to Group Chief Financial Officer, Paul Cooper, Craig will continue to be based in London and lead a team of 50, with responsibility for bringing together the Capital Management and Actuarial Reserving teams.
Commenting on his appointment, Paul Cooper said: "During his career at Hiscox, Craig has built a wealth of knowledge across the business, working closely with claims and underwriting to drive valuable insight. We will greatly benefit from Craig's vast expertise in his new role, as we continue to focus on making the most of the opportunities in front of us and realising our ambitions."
Craig added: "I'm excited to take on this new challenge at what is an exciting time for the Group, as we face attractive market conditions with real capital and reserving strength."
For further information please contact:
Carmel McCarthy 07769 280903
Notes to editors
About The Hiscox Group
Hiscox is a global specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). Our ambition is to be a respected specialist insurer with a diverse portfolio by product and geography. We believe that building balance between catastrophe-exposed business and less volatile local specialty business gives us opportunities for profitable growth throughout the insurance cycle.
The Hiscox Group employs over 3,000 people in 14 countries, and has customers worldwide. Through the retail businesses in the UK, Europe, Asia and the USA, we offer a range of specialist insurance products in commercial and personal lines. Internationally traded, bigger ticket business and reinsurance is underwritten through Hiscox London Market and Hiscox Re & ILS.
Our values define our business, with a focus on people, courage, ownership and integrity. We pride ourselves on being true to our word and our award-winning claims service is testament to that. For more information, visit www.hiscoxgroup.com.
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