Hamilton, Bermuda (6 January, 2022) – Specialist global insurer Hiscox has appointed Matthew Wilken to the role of Chief Underwriting Officer for Hiscox Re & ILS, subject to regulatory approval.
Wilken joins on 10 January 2022 with responsibility for executing the Hiscox Re & ILS underwriting strategy, ensuring the needs of clients and capital partners are successfully met to deliver long-term value for the business. Based in Bermuda, he will become a member of the Hiscox Re & ILS Executive team and will report to Kathleen Reardon, CEO of Hiscox Re & ILS.
Prior to Hiscox, Wilken was Head of Reinsurance at MS Amlin. He spent his early career at Kiln Syndicate in a variety of underwriting roles, rising to Deputy Active Underwriter for Kiln Reinsurance. He joined Argo Re as Chief Underwriting Officer of Argo Re Short Tail and later became President, before moving to Ariel Re as Active Underwriter S1910 & Deputy Global Head of Reinsurance.
Commenting on the appointment, Kathleen Reardon said: “Matthew has a deep reservoir of market cycle knowledge and his wealth of experience, gained both in London and Bermuda, will be invaluable as we navigate the evolving risk landscape. With his proven leadership skills and a strong market reputation, we are delighted to be further strengthening our underwriting and executive team.”
Wilken added: “With rate momentum in our favour and a compelling strategy in place, it’s an exciting time to be joining Hiscox Re & ILS. I look forward to leading the talented team of underwriters and driving the reinsurance underwriting strategy forward.”
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 for professionals and business customers as well as homeowners. 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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