Hamilton, Bermuda (29th May 2014) – Hiscox Re has appointed Mike Krefta as Chief Underwriting Officer, leading its underwriting teams in London, Bermuda and Paris.
In his new role, Mike will be responsible for the formation of the Hiscox Re underwriting strategy. Based in Hiscox’s London office, Mike will report to Jeremy Pinchin, CEO of Hiscox Re.
Jeremy commented: “Mike is the last key appointment in the formation of our Hiscox Re Executive team. As Chief Underwriting Officer he will play an important part as we navigate the changes brought about by an influx of new capital and the creation of new capital market structures.”
Mike has been with Hiscox since June 2003 and has worked within both the retail and syndicate parts of the business. He started work at Hiscox as a MI analyst in the retail team before moving into the catastrophe modelling team in the London Market as a Senior Analyst. In 2005, he joined the reinsurance team writing on its global reinsurance account before moving on to run Syndicate 33’s North America and Caribbean account in 2012. In 2013, he was appointed Director of Non Marine Underwriting in London for Hiscox Re.
For further information please contact:
Lucy Hensher +44 (0) 20 7448 6619 [email protected]
Notes to editors
Hiscox, the international specialist insurer, is headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). There are three main underwriting divisions in the Group - Hiscox London Market, Hiscox Re and Hiscox Retail (which includes Hiscox UK and Europe, Hiscox Guernsey, Hiscox USA and subsidiary brand, DirectAsia). Hiscox underwrites internationally traded, bigger ticket business and reinsurance through Hiscox Re and Hiscox London Market. Through its retail businesses in the UK, Europe and the US Hiscox offers a range of specialist insurance for professionals and business customers, as well as homeowners.
For further information visit www.hiscoxgroup.com.
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